by Botinha | Mar 25, 2019 | International Business
The Brazilian company which is the recipient of the foreign investment in cash or in kind must obtain a number from the RDE-IED, which must be indicated in the foreign exchange agreement related to the foreign investment. The Brazilian company must then register the...
by Botinha | Mar 25, 2019 | International Business
Dividends Dividends are withholding income tax free regardless if paid to a tax treaty country or tax haven jurisdiction or not. The Brazilian Central Bank shall allow distribution to the non-resident shareholder to the extent that the foreign investment was properly...
by Botinha | Mar 22, 2019 | International Business
Foreign investor’s federal taxpayer registration Corporate Taxpayer Identification Number (CNPJ) is also required from nonresidents that own certain properties or rights in Brazil. Failure to comply with this requirement may cause tax, commercial, and foreign...
by Botinha | Mar 22, 2019 | International Business
Taxation in Brazil is mainly regulated by the 1988 Federal Constitution, the National Tax Code of 1966, and the Federal Income Tax Code. Taxes are payable by all private business entities resident in Brazil, including corporations, limited liability companies,...
by Botinha | Sep 12, 2018 | International Business
Foreign Inheritance taxation in Brazil In this brief article, let´s talk about some of the issues that can be raised on the process of taxing inherited property in Brazil. When it comes to International Private Law, and possible conflict of laws...
by Botinha | Aug 28, 2018 | International Business
(Aug. 28, 2018) On August 14, 2018, Brazil enacted Law No. 13,709 for the protection of personal data in the country. (Lei No. 13.709, de 14 de Agosto de 2018, Presidency of the Republic website). Article 1 of the Law provides for the processing of personal data,...
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