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对于专业交易者和机构投资者而言,紧跟市场变化至关重要。近期,一项重大的政策变动正在重塑阿联酋与巴西之间的经济联系,尤其是对于那些关注巴西B3交易所机会的投资者而言。

2025年4月至5月期间,巴西联邦税务局发布第2,265/2025号规范性指令,正式将阿联酋从其“低税管辖区“(Low-Tax Jurisdictions, LTJ)名单中移除。这一政策调整将深刻影响阿联酋投资者在巴西B3交易所的投资活动,为跨境资本流动创造更有利的税务环境。

政策变革的核心价值

此前,被列入LTJ名单意味着涉及阿联酋居民的金融交易将面临惩罚性税收: 包括高达25%的股息与资本利得预提所得税(WHT), 以及旨在打击避税行为的严格监管。

而随着阿联酋的除名,这些自动触发的惩罚性措施即刻失效。这直接转化为显著的税收节省和巴西投资净收益的提升。阿联酋居民将不再仅因其税务居民身份而被自动征收25%的预提所得税。因此,投资者能够以更强的信心和可预测性进行操作,因为此前与LTJ身份相关的“避税推定“已被消除,从而营造出更加友好的投资环境。

《租税协定》成为焦点

虽然巴阿两国自2021年5月27日已签署《租税协定》(Double Taxation Avoidance Agreement , DTAA),但此前因LTJ名单限制,协定优惠常被巴西国内法覆盖。

随着阿联酋正式从名单中移除,该协定将真正展现其价值: —公平征税:确保收入和资本利得不会在两国被重复课税 —税率正常化:巴西对境内资本利得仍可征税,但税率恢复至标准水平(而非针对”避税天堂”的惩罚性税率) —跨境投资保障:为双边经贸活动提供确定性税收框架

解锁新的投资契机

阿联酋从巴西“低税率管辖区“名单中移除,标志着两大经济体战略关系的升级。对于立足阿联酋的机构交易者与成熟投资者,这一变革将带来切实优势:

成本优化: 预扣税率降低直接提升净投资收益

操作简化: 监管复杂性下降,税务可预测性增强

市场扩容: 可深度参与巴西高流动性资本市场,包括:新兴市场货币(EMFX)风险管理工具 — 非交割远期合约(NDFs) ,以及拉美最大交易所B3的多元化资产

战略布局: 充分利用现有《租税协定》构建跨境税务优化架构

此刻正是重新评估巴西资产配置的黄金窗口。对于阿联酋投资者而言,B3交易所通往更高收益、更可预测回报的道路已豁然开朗。 免责声明: 税法可能发生变更且因个人情况而异。本文所提供信息仅为一般性说明,不构成税务建议。针对您在巴西及阿联酋跨国交易与投资活动的具体税务规划,强烈建议咨询精通国际税务的持证顾问以获取个性化指导。

借力东证期货新加坡,自信布局巴西市场

要充分利用这一新优势及巴西市场的潜力,与一家经验丰富的经纪商合作至关重要。作为亚洲首家提供巴西B3交易所直连服务的经纪商,东证期货新加坡拥有成熟的交易架构与专业支持体系,可满足您复杂多样的交易需求。

作为亚洲领先且久经市场验证的期货经纪商,我们可助您高效布局并无缝执行巴西市场策略。凭借先进的交易平台、深度流动性资源及每周5天24小时专属客户支持,您将在这一更具税务优势的新时代,充分释放巴西投资的全方位价值。

东证期货国际(新加坡)简介

东证期货国际(新加坡)私人有限公司是上海东证期货有限公司的直属全资子公司,也是东方证券股份有限公司的间接控股子公司。

作为持有新加坡金融管理局(MAS)颁发的《资本市场服务许可证》的机构,我司提供全方位资本市场服务,涵盖证券、场内衍生品、场外衍生品及杠杆外汇等多类产品。

东证期货新加坡是亚太交易所、新加坡衍生品交易所以及洲际新加坡交易所的交易和清算会员,为客户提供覆盖国际市场的综合交易服务。

Disclaimer: Tax laws are subject to change and vary based on individual circumstances. This article provides general information and does not constitute tax advice. For personalised guidance on your specific trading and investment activities, it is highly recommended to consult with a qualified tax advisor specialising in Brazilian and UAE international taxation.

Disclaimer

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