Brazil Forum

LaecioBrasil
Joined 2023
Posts: 19

8 months ago

Contador no Brasil

8 months ago

As an accountant with experience dealing with the tax obligations of the Brazilian Federal Reserve, the equivalent of the US IRS, I provide foreign residents with the completed forms and documents needed to stay in compliance with Brazilian tax requirements. All holders of Brazilian resident visas are required to declare and pay taxes on monthly income generated in countries other than Brazil to the Federal Reserve. This includes Social Security payments, investment portfolio accounts, including IRA accounts, salary payments, royalties, and other forms of income. The tax obligations on investments accounts where the accounts are based may differ from those in Brazil. IRA accounts, for example, are taxed differently in Brazil than in the US. A yearly tax declaration with any additional payment is also due on April 30th of each year, no extensions allowed, although the declaration date was extended this year. US citizens are required to also file a US tax return however a tax credit on Brazilian taxes can apply. In addition, the Brazilian Central Bank, requires that foreign residents submit a yearly declaration of assets owned outside of Brazil, similar to what US citizens who are residents in Brazil are required to submit yearly to the US government regarding their Brazilian assets.
The experience I have analyzing income information and preparing tax documents goes back several years and has yet to result in any inquiries, audits nor any other prejudicial action from the Federal Reserve or the Central Bank.
Tax services are offered only in Brazil and apply to all states in Brazil.

GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Living in Brazil Guide

Whether it's the beaches, exciting nightlife or the banking industry that draw you to Brazil, expats seem to truly enjoy life in Brazil. We've pulled together tips from expats in Brazil about learning Portuguese, crime, international schools, renting an apartment and much more.

Brazil Forum
Join our Brazil forum to meet other expats and talk about living in Brazil.

Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Brazil.

Best Places to Live in Brazil

If you're considering a move to Brazil, here are the 15 Best Places to Live in Brazil in 2023.

Healthcare in Brazil

Expats in Brazil are able to get excellent health care in and many of the larger cities in Brazil. There is national health care available, but expats still strongly recommend private health insurance while living in Brazil.

Cost of Living in Brazil

Expats offer insight into the cost of living in Brazil.

Moving to Brazil Guide

Our guide to moving to Brazil with lots of advice from expats on the ground.

Real Estate in Brazil

Real estate listings in popular cities and towns in Brazil.

Pros & Cons of Living in Brazil

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Brazil.

Retiring in Brazil

Advice for people retiring in Brazil.

10 Tips for Living in Brazil

If you've recently arrived in Brazil, here are 10 tips for digital nomads living in Brazil.

Additional Information:

Visit our Brazil Index for a Full List

GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Contribute
Help others in Brazil by answering questions about the challenges and adventures of living in Brazil.