Forum Replies Created

Viewing 1 post (of 1 total)
  • Author
    Posts
  • Antonio Stefanini
    Participant
    0
    ::

    Hello, thank you very much for your content. I had a question about the treatment of exchange rate variations on funds originally earned in dollars. For example, I sent 1000 dollars at 1 real to buy a bond in the United States. Six months later I received, as a coupon, 50 dollars at the conversion rate of 2 reais per USD. After another 5 months, the dollar appreciated to 3 reais per USD. I redeemed the 1000 dollars from the bond plus the 50 from the coupon that was in my current account and sent it to Brazil, for a total of 1050 dollars. My question is, should I tax the capital gain resulting only from the part originally in reais (1000 USD)? That would be a profit of 2000 reais, due to the gain of 2 reais per dollar. As for the 50, which are funds originally earned in dollars, is the exchange rate variation between the date of receipt, which went from 2 reais for each dollar to 3, and the date of shipment to Brazil exempt?

Viewing 1 post (of 1 total)
Reply
1
Hi, I'm Vinicius Tersi, a specialist in international tax law.

I hope that the content of our website is useful and appropriate to your reality.

Didn't find an answer to your question on the site?

Send it to me via WhatsApp so that my team can better understand your case.

It will be a pleasure to meet you!