OrbitaxBrazilian National Congress Confirms Provisional Measures Increasing Taxation of Interest on Net Equity and Financial Institutions is No Longer Valid
|Approved Changes|Brazil
Brazil has published National Congress Declaratory Act No. 67 in the Official Gazette, confirming that the validity of Provisional Measure (PM) No. 1.303 of 11 June 2025 ended on 8 October 2025. As previously reported, Brazil's Chamber of Deputies (lower house of the National Congress) failed to approve PM No. 1.303 on 8 October 2025, which was the deadline for approval to remain in force. PM…
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