Taxpayers race to declare offshore assets ahead of deadline

23/05/2025

As the deadline for filing the Income Tax return approaches, the Brazilian Federal Revenue Service has published specific instructions for offshore asset holders, who, for the first time, will be required to declare these assets. Journalists Beatriz Olivon and Jéssica Sant’Ana, from Valor Econômico, discussed the possible implications of the late guidance for taxpayers.

Felipe Kneipp Salomon, from Levy & Salomão Advogados, was interviewed for the article.

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