WHAT IS IT? – Every 5 years the Central Bank of Brazil conducts a census of foreign capital, which consists of the mandatory submission of information related to companies with equity interest and investments held by non-residents in Brazil, always based on years...
The Brazilian Supreme Court (“STF”), by majority, concluded the judgment of Extraordinary Appeal No. 851,108, with general repercussion (item 825), to sign an understanding that, in the absence of a complementary law that regulates the issue, it is unconstitutional to...
OBLIGATION: Shareholders of limited companies and corporations with head offices in Brazil are required to meet at least once a year to decide on: the management accounts and the financial statements; the allocation of profits or losses accrued in the base-year; the...
The term for Brazilian individual taxpayers to submit their Income Tax Statement (“DIRPF”) begins next Monday, March 1st. The program to prepare the statement is already available to download in Brazilian tax authorities (“RFB”) website. The deadline to submit the...
The deadline for the submission of the Statement of Brazilian Capitals Abroad (“DCBE”) to the Central Bank of Brazil has begun on February 15, 2021. WHO SHOULD SUBMIT ANNUALLY: this year, all Brazilian residents that, on December 31, 2020, held total assets abroad...
