Brazilian Chamber of Deputies Approves Individual Income Tax Measures Including Withholding Tax on Dividends and Minimum Tax

Brazil's Chamber of Deputies has issued a release announcing the approval of Bill 1087/25 on 1 October 2025, which includes several tax measures for individuals. This includes the introduction of a 10% withholding tax on dividends paid by the same company to the same individual if exceeding BRL 50,000 per month. A minimum tax is also introduced on income exceeding BRL 600,000 per year, with t…
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