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April 11, 2023 at 1:27 pm in reply to: Permanent Departure and Non-Resident Taxation: do I owe more or less income tax? #7417Gustavo SilveiraParticipant::
Hi Vinicius, the post is very didactic and explanatory.
I have some doubts in my specific case. I hope you can answer some of my questions.
I've been living in Germany for a few months and intend to return to Brazil in about 4 or 5 years. My question is whether to leave permanently or not. I've done some research and it's not clear to me whether Brazil and Germany have any agreements in place to avoid double taxation. The only additional income abroad would be my salary.My questions:
(1) Do the two countries have this agreement that I could be exempt from paying any tax if I transfer part of my salary from Germany to my investments in Brazil? Or would I have to pay the tax in Brazil again even though the salary from Germany has already been taxed here abroad?
(2) If I do the DSDP, will all the capital I take with me when I return to Brazil not be taxed? Do I just have to declare the assets on my return and I won't be taxed?
(3) If I don't file the DSDP but do file an annual income tax return, what percentage of tax do I pay on my salary from abroad?
(4) If I don't file the DSDP and also don't file the annual income tax return, what is the percentage of tax and what is the percentage of penalty on all the capital I take back from what I have accumulated abroad at the time of my return?Thank you very much for your help.
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