Brazil has published Provisional Measure No. 1.171 of 30 April 2023, which provides new requirements for the taxation of income earned by individuals resident in Brazil from financial investments and controlled entities and trusts abroad. From 1 January 2024, individual residents are required to calculate, separately from other income and gains, the income from capital invested abroad, and profits and dividends from controlled entities and trusts abroad at the following rates, with no deduct…