Brazil's government seeks Congress vote on bill taxing offshore, closed-end funds this week


FILE PHOTO: The National Congress building is seen through architectural details of the Planalto Palace during sunrise in Brasilia, Brazil April 18, 2022. REUTERS/Adriano Machado/File Photo

BRASILIA (Reuters) - The Brazilian government wants Congress to pass a bill this week that would tax offshore and closed-end funds, and change an instrument companies use for shareholder payments, a government official said on Tuesday.

The bill, which has to pass both in the lower house and senate, is a key part of the government's plan to boost public revenues to erase its fiscal deficit by next year.

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