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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessGovernment Discloses Bill Ending Equity On Interest From January 2024
- BRAZIL DISCLOSES BILL ENDING EQUITY ON INTEREST JAN. 2024: VALOR
- Further colour on the Valor headline above on JCP:
- The government has published a bill that ends interest on own capital (JCP) from January 1, 2024. The text says that interest paid or credited in the calendar year 2024, as remuneration of equity, will be subject to income tax at source.
- However, the PL “does not prevent the deduction of accrued interest” to determine “the actual profit and the CSLL calculation base for the calendar year 2023, even if paid or credited in the calendar year 2024”.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.