{"id":2274,"date":"2024-12-23T15:59:54","date_gmt":"2024-12-23T18:59:54","guid":{"rendered":"https:\/\/bvzadvogados.com.br\/?p=2274"},"modified":"2025-07-31T10:00:21","modified_gmt":"2025-07-31T13:00:21","slug":"tributacao-de-fundos-fechados","status":"publish","type":"post","link":"https:\/\/bvzadvogados.com.br\/en\/tributacao-de-fundos-fechados\/","title":{"rendered":"Tributa\u00e7\u00e3o de fundos fechados | Artigo para Conjur"},"content":{"rendered":"
A recente Lei n\u00ba 14.754\/2023 trouxe mudan\u00e7as significativas \u00e0 legisla\u00e7\u00e3o tribut\u00e1ria, especialmente no regime de tributa\u00e7\u00e3o de fundos fechados. Entre as principais altera\u00e7\u00f5es, destacam-se a introdu\u00e7\u00e3o da sistem\u00e1tica de tributa\u00e7\u00e3o peri\u00f3dica (conhecida como “come-cotas”) e a tributa\u00e7\u00e3o retroativa dos rendimentos acumulados at\u00e9 31 de dezembro de 2023.<\/div>\n
<\/div>\n
Nossos especialistas Daniel Zugman<\/a>, Frederico Bastos<\/a> e Iago Granito, analisam os impactos dessas mudan\u00e7as no artigo publicado pelo Conjur.<\/div>\n
<\/div>\n
Segundo o governo, a inten\u00e7\u00e3o \u00e9 equiparar a tributa\u00e7\u00e3o de fundos fechados aos fundos abertos, promovendo isonomia. No entanto, as altera\u00e7\u00f5es desafiam conceitos fundamentais, como a irretroatividade tribut\u00e1ria e a natureza jur\u00eddica dos fundos fechados, que at\u00e9 ent\u00e3o permitiam o diferimento de tributos apenas em eventos de liquidez.<\/div>\n
<\/div>\n
Dada a complexidade e os potenciais conflitos com a Constitui\u00e7\u00e3o, a mat\u00e9ria deve ser amplamente discutida no Judici\u00e1rio, com poss\u00edveis desdobramentos at\u00e9 o STF.<\/div>\n
<\/div>\n
Para saber mais, leia o artigo completo.<\/a><\/div>\n
<\/div>\n
<\/div>\n
***<\/div>\n
<\/div>\n
The recent Law No. 14,754\/2023 introduced significant changes to tax legislation, particularly concerning the taxation regime for closed-end investment funds. Among the key changes are the introduction of periodic taxation (commonly known as “come-cotas”) and the retroactive taxation of earnings accumulated up to December 31, 2023.<\/div>\n
<\/div>\n
Our experts, Daniel Zugman, Frederico Bastos, and Iago Granito, analyze the impacts of these changes in an article published by Conjur. According to the government, the aim is to align the taxation of closed-end funds with that of open-end funds, promoting equality. However, these changes challenge fundamental principles such as tax non-retroactivity and the legal nature of closed-end funds, which previously allowed for tax deferral only during liquidity events.<\/div>\n
<\/div>\n
Given the complexity and potential constitutional conflicts, this matter is expected to be widely debated in the judiciary, potentially reaching the Supreme Federal Court (STF).<\/div>\n
<\/div>\n
To learn more, read the full article:\u00a0https:\/\/www.conjur.com.br\/2024-dez-20\/tributacao-do-estoque-dos-fundos-fechados-e-afronta-a-irretroatividade-tributaria\/<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

A recente Lei n\u00ba 14.754\/2023 trouxe mudan\u00e7as significativas \u00e0 legisla\u00e7\u00e3o tribut\u00e1ria, especialmente no regime de tributa\u00e7\u00e3o de fundos fechados. Entre as […]<\/p>\n","protected":false},"author":1,"featured_media":2660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-2274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-imprensa"],"acf":[],"yoast_head":"\nTributa\u00e7\u00e3o de fundos fechados<\/title>\n<meta name=\"description\" content=\"Tributa\u00e7\u00e3o de fundos fechados | Nossos especialistas Daniel Zugman, Frederico Bastos e Iago Granito, analisam os impactos dessas mudan\u00e7as.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bvzadvogados.com.br\/en\/tributacao-de-fundos-fechados\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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