Carvalho Junior, Pedro Humberto Bruno de - 2025
-end funds and offshore trusts through the enactment of Law No. 14,754/2023. The study estimated the effective tax rates of … to a higher effective tax rate compared to other investment vehicles, especially financial assets. Finally, the study … proposes a 14% "top-up" Individual Income Tax aimed at reducing overall tax regressivity from income tax and social …