Menu
Dr. Terci!
Good afternoon!
Please enlighten me, if possible.
When a Brazilian makes a declaration in the USA, he is obliged to declare his assets in Brazil, correct?
If this declaration is retroactive, i.e. from 2018, would she pay tax in the US from that time?
Currently under the condition that:
He doesn't know if he did the CSDP or the DSDP in 2001, he never declared IR in Brazil again:
1. has been receiving a pension in Brazil since May 2020 with IR deducted at source;
2. has no assets in excess of 300,000 (not including savings, which would be more)
3. he has his own bank account in which he has deposited the results of rural businesses, which in total have not exceeded the annual limit of 142,000 (so he has no obligation to file a tax return).
I'd be grateful if you could give me a head start on these points, although I've already asked for a consultation with you via your whatsapp.
Thank you
Eliane
Vinicius Tersi is a lawyer, specializing in International Tax Law.