Last Wednesday (10/25), the “Offshore Bill” was approved by the Chamber of Deputies. The new version of Bill of Law No. 4,173/23 intends to enact new tax legislation relating to foreign investments (financial, offshore and trusts) held by individuals and the taxation of domestic investment funds, following the framework of MP 1,184/23. Check out below in our newsletter the main modifications introduced in the approved text that will be sent to the Federal Senate.