Brazil — Historical Events Description

Brazil flag
Brazil
Event
Private Pension Taxation Law (Law No. 11,053)
Category
Economic
Date
2004-12-29
Country
Brazil
Description

This set rules for the taxation of private pension benefit plans. It addressed how contributions and benefits are taxed under defined options in the law. The measure affected long-term savings and retirement products offered by financial institutions. It became a key reference used in pension-plan administration and compliance.