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 ...

Aug 28 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Monday will sign an executive measure to tax closed-end funds and a bill to tax offshore funds, according to a statement from ...

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 ...

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

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 ...

Trade bodies representing the interest of Brazil’s regulated online gambling market have unified in calling for a revision of ...

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).

Separately, Lula will send a bill to Congress to tax income from offshore funds with rates from 0% to ... 10:32 PM UTC · Updated ago category Brazil food companies Marfrig and BRF to merge ...