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Brazilian Government discusses changes to interest on net equity for 2024

|Tax Alerts, Information Reporting, Legis ...|Brazil
Brazil

  • Based on a recent article in the financial press, the government is finalizing a new proposal to modify Interest on New Equity (INE).
  • Taxpayers should monitor developments related to INE and evaluate the impact that these developments could have on their operations.

On 30 November and 5 December 2023, a renowned newspaper, Valor Econômico, reported that the Ministry of Finance of Brazil finalized the draft of a new proposal to change the mechanism of the Interest on Net Equity (INE). Following the…

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