Did you know that every year, individuals and companies that are residents in Brazil must file an Annual Return to the Brazilian Central Bank if they hold assets abroad in excess of USD $100,000.000?
The Annual Return related to Fiscal Year 2017 must be filed electronically by April 5, 2018, otherwise the individual or company may face harsh financial penalties.
Our seasoned professionals will be able to assist in reviewing your respective information and documents, in addition to the preparation of you and your companies’ tax returns. Further, during the process, we will be able point out any adjustments and/or strategic opportunities that could be adopted in order to be in full compliance with Brazilian and U.S. regulations. We can also identify tax risk/exposure in relation to your accumulated wealth.
It is also important to emphasize that individuals and companies that hold assets abroad in excess of USD $100,000,000.00 must file their return on a quarterly basis, therefore special attention is required in order to comply with the Brazilian Central Bank’s regulations.
In case you have any doubt or need assistance to prepare and file your annual or quarterly returns, our professionals will be glad to assist you.
If you have plans to internationalize your investments, develop business, and begin your expatriation process, it is important to have a team of lawyers with proven experience, acting in several jurisdictions and accredited by their respective governments. Our highly specialized professionals possess the technical skills required to evaluate the best alternatives and meet your needs and expectations.
To know which immigration option best suits your profile and that of your family, in addition to knowing more about the many possible alternatives for your projects to develop successfully, talk to one of our expert attorneys. Schedule a consultation with HAYMAN-WOODWARD now.
Our attorneys will assist you in all the details of your expatriation, at all stages, including business development in the United States. For our law firm, each case is unique and is treated as such, with personalized and individualized solutions.
HAYMAN-WOODWARD PLLC is a Washington (D.C) based law firm, specializing in immigration and federal tax laws. All legal services are provided by duly-licensed attorneys in each jurisdiction.