The Brazilian Senate has issued a release announcing that it will be analyzing the tax reform legislation approved by the Chamber of Deputies earlier in the month, Bill No. 2337 of 2021. The release notes some of the key measures of the latest version of the bill, including:
- The introduction of a 15% withholding tax on dividends, including on dividends paid to non-resident beneficiaries and on branch profits remitted to a head office abroad, as well as rules providing certain exemptions, i…