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New legislation on taxes abroad

rnbtg

Anyone have a sense of the change in this? It would effect most of us I imagine.


See also

The tax system in BrazilTaxes for retirees / when to fileUSA to impose a Whopping 50% Tariff on Brazil!Taxes for expats in BrazilBrazil new Tax law for 2024 for resident and Citizens
MikeFlores_CLT

This looks to me like Lula just adding back with a slight modification the portion related to individual foreign taxes that was vetoed or removed from MP 1.171/2023.Just my personal opinion but I don't see this passing congress because I would have to imagine there are many in congress that benefit from the closed end fund rules and/or have offshore income.

GuestPoster376

I'll be unaffected if it flies thru the government. I'm moving back next year anyhow.


Everyone in  Brasil who can, has money outside the country. You should always do this, regardless of where you live today FWIW.

abthree

09/03/23  I saw it, but I'll wait to see what, if anything, my accountant has to say about it next April when she's doing my taxes. 

jasonlovesdogs

Any update on this?