BRAZILIAN CAPITAL OVERSEAS CENSUS – 2019 BASIS PERIOD

INFORMATIVE TO CLIENTS

MURRAY ADVOGADOS

 

The Brazilian Central Bank started to receive Statements on Brazilian Capital Overseas (CBE) related to the fiscal year 2019, which is mandatory to residents in the country who have assets (goods and rights) against non-residents (including real estates, deposits, cash balances in foreign currency, among others) that totals one hundred thousand American dollars (US$ 100,000.00) or more as of 31st December 2019.

The deadline for submission of the Census’ statements began on 15th February and shall end on 6 p.m. of 5th April 2020.

The delayed or incorrect submission or failure to submit the statement may be subject to fine by the Brazilian Central Bank.

We are at your disposal should you need any further clarification

 

Responsible Attorneys:

Alberto Murray Neto – alberto@murray.adv.br

Eduardo Augusto Murray – eduardo@murray.adv.br