Blog & Insights 

Introduction The Commonwealth of The Bahamas has long distinguished itself as a leading international financial centre, consistently demonstrating a willingness to innovate within its legislative and regulatory framework. The proposed Usufruct Interest Bill, 2026 (the “Bill”), currently under consideration by the Bahamian legislature, reflects this commitment to maintaining competitiveness in the global private wealth sector. Although the Bill has not yet been enacted, its po

Complementary Law No. 227/2026, enacted as part of the regulatory framework implementing Constitutional Amendment No. 132/2023, establishes nationwide tax guidelines and introduces structural adjustments to Brazil’s constitutional tax system. Among its provisions, the law sets forth general rules applicable to the Tax on Inheritance and Gifts (Imposto sobre Transmissão Causa Mortis e Doação – ITCMD), a state-level tax with growing relevance for individuals holding assets or c

The Brazilian Federal Revenue Service has released the document entitled “Questions and Answers: High-Income Taxation”, the purpose of which is to provide interpretative guidance on certain aspects of the recently enacted legislation applicable to taxpayers with high levels of income. The document places particular emphasis on the tax treatment of dividends, setting forth, in descriptive terms, the application of a 10% tax rate, the transitional rules applicable to profits ac