Brazil has published Law No. 15.329 of 7 January 2026 in the Official Gazette, which clarifies the withholding tax (IRRF) treatment in respect of interest paid abroad when goods are purchased on credit (paid in installments). The law clarifies that such interest is subject to IRRF, even when the foreign seller is the beneficiary of the interest. For this purpose, the person paying the interest is designated as the responsible withholding agent.