Brazil Tax Guide for Foreigners

Description

Some new features of the 5th edition:

– The National Tax Code translated into English;
– Taxation of the digital economy in Brazil;
– New SIMPLES NACIONAL rules;
– New IPI tax regime for the tech sector;
– Comprehensive list of all goods and services subject to the Social Security Tax on Gross Income (CPRB);
– Rota 2030 (new automotive regime);
– Stock options;
– Inheritance and donations received by foreigners;
– Tax aspects of the new Bankruptcy Act;
– Tax settlements;
– Rules on beneficial owners;
– Updates to the Central Bank annual return of assets held abroad;
– New foreign trade registration (former RADAR);
– New rules for import tax reduction (ex-tarifário);
– And much more.

One of the largest consumer markets in the world, Brazil is a preferred destination for companies that wish to do business globally. However, the complexity of its legal and tax rules requires adequate knowledge and careful planning.

For individuals, knowing the tax rules can allow savings on taxes on income and gains, as well as appropriate estate and inheritance planning involving assets in Brazil and abroad.

Written entirely in English, Brazil Tax Guide for Foreigners was conceived to be a reference work in two different worlds: that of foreigners who wish to understand the functioning of the Brazilian tax system before investing, doing business or living in the country, and that of Brazilian companies and professionals who advise foreigners on business and projects in Brazil.

The book dissects aspects of Brazilian taxation in language accessible to anyone unfamiliar with legal and tax terminology. The work covers all spheres of taxation (federal, state and municipal), as well as other related topics, such as foreign trade, international treaties, tax incentives and special regimes, tax returns, tax succession, litigation, bank secrecy, money laundering, and major tax disputes before the Brazilian Courts. The rules for registering foreign capital with the Central Bank are also included.

In a legal and tax environment as complex and unstable as the Brazilian one, the 5th edition of Brazil Tax Guide for Foreigners remains an indispensable work for those interested in doing business, investing, or living in Brazil.