Brazil’s Finance Ministry scrapped plans to tax transfers to offshore funds only hours after the announcement of the levy led ...

Brazil's Finance Minister Fernando Haddad speaks during a meeting to announce the submission of a bill to expand income tax ...

Brazil’s economic team is awaiting authorization from the presidential palace to increase its budget freeze by 2 billion reais ($354 million) to offset the loss of revenue from changes to a plan to ...

SAO PAULO/BRASILIA (Reuters) -Brazil's government has agreed to present an alternative plan to the increase in the IOF tax on ...

Business sector representatives in Brazil have jointly released a manifesto calling on the National Congress to overturn a ...

BRASILIA - The Brazilian government wants Congress to pass a bill this week that would tax offshore and closed-end funds, and change an instrument companies use for shareholder payments ...

Brazil’s currency sold off Thursday as the ... remittances and transfers made by offshore funds.

The new fiscal policy, outlined in Decree No. 12,466/2025, raises the IOF rate on cross-border service transactions from 0.38 ...

They can be structured as open-end investment funds, offshore companies, partnerships, or unit trusts. Commonly based in tax-efficient locations ... (e.g., the US or Brazil).

Brazil's government is preparing an extra auction this year of stakes in offshore oil areas to raise revenue, a plan which is gaining steam due to falling oil prices and rising uncertainty from U ...