New Tax Law Forces Wealthy Brazilians to Pay Millions on Foreign Profits They Havent Realized

Brazil’s new offshore tax law is reshaping the financial landscape for wealthy investors, forcing them to grapple with unexpected tax burdens on unrealized gains. The legislation, enacted in late 2023, abolished the long-standing tax deferment on foreign earnings and introduced mandatory annual taxation on profits from offshore investments. For the first time, high-net-worth individuals are […]

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