Home ' Forums ' Articles ' Residency and the foreign exchange market: the comedy of errors

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    • #8942
      Vinicius Tersi
      Keymaster
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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]

    • #8984
      vinicius.lazzari
      Participant
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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?
      Thank you

    • #10243
      Irma
      Participant
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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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Hi, I'm Vinicius Tersi, a specialist in international tax law.

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