Chamber approves specific taxation regime for financial services, responding to ANBIMA’s requests

News Corporate Finance & M&A Law & Policy Updates

Date: 17th Dec, 2024 Source: Brazilian Financial and Capital Markets Association Country: Brazil Original Source

Brief

"On December 17, 2024, the Brazilian Chamber of Deputies approved a bill regulating tax reform on consumption. The law proposes a single tax rate for all financial services, meeting the main demand of the market and supported by ANBIMA (Brazilian Financial and Capital Markets Association). This change is expected to positively impact Brazil's economy, potentially increasing its GDP."

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Brazilian Financial and Capital Markets Association

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Chamber approves specific taxation regime for financial services, responding to ANBIMA’s requests

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Chamber approves specific taxation regime for financial services, responding to ANBIMA’s requests

Brief

Brazilian Financial and Capital Markets Association

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