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Investor Alert: Brazil Moves Forward with Dividend Taxation

On October 1st, 2025, the Plenary of Brazil’s Chamber of Deputies approved Bill No. 1.087/2025 (“PL 1.087”), which establishes the taxation regime applicable to dividends distributed by Brazilian companies. Following its approval in the Chamber of Deputies, the bill proceeds to the Federal Senate for consideration, where it may be confirmed, amended, or submitted for…

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