BUSINESSTHE RIO TIMES
Brazil’s New 10% Dividend Tax Hits Foreign Investors in 2026
Brazil will impose a 10% withholding tax on dividends paid to nonresidents starting January 1, 2026, under Law 15.270/2025. This reverses a 1996 exemption that had previously attracted foreign capital, with grandfathering for dividends on 2025 profits approved by December 31, 2025.
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