19 August 2015
On August 17th, 2015, Ruling No. 1,580/2015 was published, containing amendments to Ruling No. 1,571/2015 concerning the “e-Financeira”, which is the tax return to be filed for the purpose of informing financial transactions of interest to the Federal Revenue Office.
- The deadline for filing the e-Financeira, in relation to triggering events that occurred between July and December, 2014, in relation to legal entities listed in the Agreement signed between Brazil and the United States of America in order to permit the exchange of information and enforcement of the FATCA (Foreign Account Tax Compliance Act) was postponed to August 31st, 2015; and
- If accounts that should be informed to Tax Authorities for exchange of information and enforcement of the FATCA were closed between January and November, 2015, the respective e-Financeira should be filed by the last business day of May, 2016.