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Brief
On 14/04/2025, the Federal Revenue Service (Receita Federal) issued an update regarding Government updates rules for income tax exemption on income paid to residents abroad. The update aims to transfer responsibility for managing the registration system of operations promoting Brazilian products and services abroad with a fiscal benefit from zero-tax on income remitted to residents. This change seeks to rationalize administration and unify institutions responsible for registration and fiscal control, effective 90 days after publication.
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