Abrasca: Deadline for deliberating profits and dividends should be extended until April

The president of the Brazilian Association of Public Companies (Abrasca), Pablo Cesário, says that the extension of the deadline for the deliberation on the profits and dividends accrued in 2025 should be until April 2026. On this Friday, the 26th, Minister Kassio Nunes Marques of the Supreme Federal Court (STF) extended until January 31, 2026, the deadline for the settlement of results with exemption. The period would end on December 31 of this year, according to a law approved by the National Congress and sanctioned by President Luiz Inácio Lula da Silva. The law establishes that, starting in January 2026, dividends, currently exempt, will be subject to a fixed rate of 10% Income Tax when the payment in one month exceeds R$ 50 thousand per company, with taxation at the source. This also applies to non-resident investors in the country. "The ideal would be to be able to do the complete ritual with the deadline in April, when the companies have all the numbers audited," says ...