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Tag: tax on dividends and profits

Rio de Janeiro, Brazil – Brazil’s Ministry of the Economy has proposed initiating a 20% tax on dividends and other profit distributions received by the owners of companies. The tax would burden all distributions over R$240,000 (US$48,000) per year...
RIO DE JANEIRO, BRAZIL - The Minister of Economy, Paulo Guedes, submitted the second part of the tax reform to Congress two weeks ago. The bill proposes to tax at 20% the profits and dividends that companies distribute to...

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