Capital gains and dividends remitted abroad.

A Hot Tip about Banking and Finance in Brazil

Posted on: 6 Apr 2010

The capital reparation up to the value certified before the BACEN (Brazilian Central Bank) is not subject to taxation according to the Brazlian Law. We do know also that dividends can be remitted abroad as soon as they are being divided among the shareholders; or they can be used to recapitalized the company increasing its social capital or offsetting losses; or they can be reinvested into a fund belonged to the company for new ventures.

Looking at all these hypothetical, we may or may not take one or the others, but certainly we have a full hand of possibilities to work on rational remittances diminishing tax liability.

We should remember that everything turned into capital and registered before BACEN can be remitted abroad after liquidation without withhold tax.

We be delighted to send you more information about this issue, just send us your question at

Also, see at Dlm2 Blog.

Useful links:

  • Dlm2 General Issues : "General Issues" is a blog developed by employees of our office, ready to deal with various issues of law.
Posted: 06 April 2010

See more from Banking and Finance in Brazil

Expert Views    
Brazil Country Profile   By
How2Go Internacionalization Consulting   By How2Go Consultor√≠a de Internacionalizaci√≥n
Hot Tips    
Capital gains and dividends remitted abroad.   By Dantas Lins & Moura Mattos Advogados Associados