Brazilian Government discusses changes to interest on net equity for 2024

11 December 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Asset Management|Brazil

Based on a recent article in the financial press, the government is finalizing a new proposal to modify Interest on New Equity (INE).
Taxpayers should monitor developments related to INE and evaluate the impact that these developments could have on their operations.

On 30 November and 5 December 2023, a renowned newspaper, Valor Econômico, reported that the Ministry of Finance of Brazil finalized the draft of a new proposal to change the mechanism of the Interest on Net Equity (INE). Following the…

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