In an interview with Valor Econômico, our partner Ana Cláudia Utumi spoke about the challenges faced by taxpayers in the final stretch for submitting offshore investment returns.
With the recent publication of 411 pages of instructions by the Internal Revenue Service, there are doubts about how to correctly declare structures and income held abroad, especially when they are not direct investments in the name of the individual, but of offshore companies.
“We have received many requests to review what the accountants are doing, so that families can be sure that the declaration is correct,” said Ana, who also pointed out that it would be important for the coming years to have a specific annex for the subject, as there is for rural activity, variable income gains, capital gains.
Read the article here.
