Quote:
Originally Posted by PAUL-brasil
As far as I m aware you would only pay a 15% tax to transfer money of out of Brazil if you couldnt prove that taxes had been already paid i.e a Capital Gain tax or income tax in some etc and where the money had come from initially.
Other than that in all honesty I dont know of this 'extra bank international transfer' as i have never returned money yet. I had though asked many times in the past to various different Lawyers (business lawyers who supposely had experience in this, although some seemed to know very little in general strangely!!) about the ease and costing of tranferring money back out, when I was reseaching to start running a active business here in Fortaleza. None had answered about this extra tax, there are of cause standard internation bank charges which are high in Brazil, can vary somewhat from bank to bank some at around 2%.
My only advice on this one is to ask the same questions about your tax issues to a few different accountants, like I found with the lawyers, some seem to know more than others and you often get very different answers. Thats Brazil for you as you will well know, lol.
Regards
|
In my experience the biggest problem you will have is the banks as they sometimes take the law upon themselves and decide for you whether to withhold tax on your payment regardless of whether you have paid tax previously or not. The reason they do this is because they are liable for tax payments if they haven't withheld the money and it is shown there was no tax paid.
Fortunately this doesn't happen very often but the best way to ensure it doesn't happen is to make sure the party paying you and the paying bank is talking to your accountant and that they all have the required paperwork.
Big Brazilian developers (like Dotty's favorite Delphi) are the worst to deal with in this regard, as just like big corporations everywhere they don't really care.