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Why does the Central Bank prefer to create its own concept of foreign exchange residency for the foreign exchange market instead of working together with the Internal Revenue Service?
[See the full article at Residency and the foreign exchange market: the comedy of errors]
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Good morning, Dr. Vinicius.
My question is this: I'm a non-resident and I made my declaration of permanent departure from Brazil more than 10 years ago. I kept my "normal" resident accounts in Brazil where I still have financial investments and the income from my investments exceeded R$40,000 this year.
In this case, even if I'm a non-resident, do I have to declare income tax?
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Dr your texts are incredible. Thank you for so much information. But as a former resident I say, it makes me want to never return to Brazil. They create so many rules, most with room for subjectivity, placing the taxpayer as a possible tax evader. They penalize the non-resident, crush the resident, control, control and control, the end for me is clear, to maintain what we all already know...
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