<ul><li>Individuals earning up to BRL 5,000 per month will be exempt from income tax in Brazil.</li><li>Dividends received by high-income individuals earning BRL 50,000 or more per month will be subject to taxation.</li><li>Two-phase system for dividend taxation will be implemented, involving monthly withholding tax and annual income tax declaration.</li><li>Dividends paid to Brazilian companies and dividends received by individuals living abroad will have different tax rules.</li></ul>

Proposed Dividends Tax in Brazil (1/2): Consequences for individuals living in Brazil

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