Global expatriate tax guide

Expatriate tax - Brazil

01 Jan 20251 min read

This publication provides a high level overview of the tax, social security and work permit regulatory compliance requirements for expatriates engaged to work in Brazil.

Contents

The establishment of a foreigner's tax residence determines their status as a tax resident in Brazil and the tax residence will depend on the type of visa the expatriate enters Brazil with. Grant Thornton Brazil can assist expatriates and their employers by helping to track the fiscal residence acquisition process and the Brazilian Tax filing requirements. Also, GT Brazil can help with the visa application and issuance of all Brazilian documents.

Once tax residency is established, all income received anywhere in the world will be subject to taxation in Brazil. International tax agreements can be a helpful tool in order to avoid double taxation and Social Security contribution.

The taxation may occur on a monthly or annual basis, depending on its nature. In any case, an individual who has established the tax residency in Brazil must file an Income Tax Return in the year following the establishment of residency. In subsequent years, the filing of the Income Tax Return is applicable to Brazilian residents who meet certain parameters, indicated each year by the Brazilian authorities.

Also, residents in Brazil that owns more than USD 1 million of assets and rights abroad Brazil must present a report to Brazilian Central bank report between Feb 15th until April 05 of each year. This report does not result in any tax to pay, it´s only informative.

Click on each of the areas below to expand for more information:

T45 - a. Brazil Accordion block expatriate tax facts and figures

T45 - b. Brazil Accordion block expatriate tax basis of taxation

T45 - c. Brazil Accordion block expatriate tax other taxes