Taxation of Dividend

a Comparative Analysis of the Incidence of Corporate Income Tax in Brazil with the OECD Member Countries

Abstract

The objective of this article is to discuss the impacts on the Brazilian international tax policy of the implied Taxation of Income Tax on the profits distributed to the shareholders, and on the convenience of the reinstitution of the taxation on the dividends in Brazil, under the premise of being a the capital-importing country, even in the context of an exacerbation of international competition in the new economic scenario inaugurated by the approval of the US Tax Cuts and Jobs Act (TCJA), which significantly reduced the nominal and effective rates of both income tax on the profits of the companies, and of the income tax on the distribution of dividends.