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Richjonesvoice

New member

Canadian expat in Brazil

Forum posts

5

Contacts

1

About me

Canadian

Registration: 21 February 2017

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Richjonesvoice replied to a thread
5 years ago

Inheritance Tax in Brazil

Hi Everyone. I've been fighting the ITCMD (Imposto sobre Transmiss茫o Causa Mortis e Doa莽茫o de Quaisquer Bens ou Direitos) in Brazil for 4 years or so. This is the law that permits the State where you're living to collect 4% ... Read More

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Richjonesvoice replied to a thread
9 years ago
Richjonesvoice

Bringing money to Brazil by Richjonesvoice

Hi, recently inherited money from my father's estate, and want to get this down to Brazil from Canada. I have a good FX company working on this, but wondered if anyone knew if there will be income tax charged on this amount on my Brazilian tax ...

That's a timely article, Marcos. Thanks so much! I will investigate with a lawyer more and let you know what happens. As I understand it, there may be the possibility of paying the 4% tax here in Sao Paulo state in installments, which might be ... Read More

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Richjonesvoice replied to a thread
9 years ago
Richjonesvoice

Bringing money to Brazil by Richjonesvoice

Hi, recently inherited money from my father's estate, and want to get this down to Brazil from Canada. I have a good FX company working on this, but wondered if anyone knew if there will be income tax charged on this amount on my Brazilian tax ...

Thanks Jim. I'm checking with an attorney now. I won't pay income tax on this in Canada since there is no tax payed on personal inheritance there. Here in Brazil is where it gets tricky I guess. Anyway, thanks for your help! Read More

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Richjonesvoice replied to a thread
9 years ago
Richjonesvoice

Bringing money to Brazil by Richjonesvoice

Hi, recently inherited money from my father's estate, and want to get this down to Brazil from Canada. I have a good FX company working on this, but wondered if anyone knew if there will be income tax charged on this amount on my Brazilian tax ...

Thanks, Jim. I'm declaring it of course. Trying to do everything legal here. The thing I want to know is if there will be income tax taken off this. Seems it's a rather gray area. Looking into it more now with a tax lawyer. If you have any ... Read More

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Richjonesvoice created a thread
9 years ago

Bringing money to Brazil

Hi, recently inherited money from my father's estate, and want to get this down to Brazil from Canada. I have a good FX company working on this, but wondered if anyone knew if there will be income tax charged on this amount on my Brazilian tax ... Read More

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Richjonesvoice joined Xiamen expat community
9 years ago