Brazil: interest 15% to 22.5% by term, equity funds 15%, dividends 10% above 50,000 reais a month
Interest on CDBs and bonds is taxed by term at 22.5 / 20 / 17.5 / 15% (PwC, September 23, 2026); LCI, LCA, CRI and CRA are exempt, and no new 2026 measure was found. Equity funds and ETFs 15%. Law 15.270/2025: 10% on dividends above 50,000 reais a month from one company from January 1, 2026.
What this changes in the calculation
Nothing.