BRASILIA (Reuters) – The Brazilian government wants Congress to pass a bill this week that would tax offshore and closed-end funds, and change an instrument companies use for shareholder payments, …
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closed-end
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(Reuters) – Brazilian President Luiz Inacio Lula da Silva on Monday will sign an executive measure to tax closed-end funds and a bill to tax offshore funds, according to a …
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Business News
Brazil eyes taxes on shareholder payouts, closed-end funds to balance 2024 budget -sources
by Reutersby ReutersBy Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order to shore up revenue in …
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Financial News
U.S. judge rules for Saba Capital in closed-end fund voting litigation
by Reutersby ReutersBy Svea Herbst-Bayliss BOSTON -A U.S. federal judge ruled that Nuveen and trustees of its closed-end funds violated the Investment Company Act by stripping hedge fund Saba Capital of its …