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Friday, April 24, 2026

Brazil Gazettes Law Setting 2023 Minimum Wage - Bloomberg Tax

The Brazilian Official Gazette Aug. 28 published Law No. 14,663/2023, setting minimum wages, effective as of May 1. The law includes measures setting the minimum wages at: 1) 1,320 Brazilian reals (US$270.83) per month; 2) 44 reals (US$9.03) per day; and 3) 6 reals (US$1.23) per hour. The law enters into force the same date. [Brazil, Official Gazette, 08/28/23]

Reference: View Law No. 14,663/2023. View Law No. 14,663/2023, Official Gazette No. 164-A/2023. View Gazette Index.

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