Skip to main content

Legal Update

Brazil: Normative Ruling RFB No. 1,571/2015: Creation of the Electronic Financial Return (“e-Financeira”)

13 July 2015
Tauil & Chequer Legal Update

Normative Ruling RFB No. 1,571/2015, which institutes the Electronic Financial Return, the so-called “e-Financeira”, was published on July 3rd, 2015.

The e-Financeira is a statement, transmitted electronically to the Public Digital Bookkeeping System (“SPED”), compulsory for insurance companies and legal entities with activities relating to (i) structuring and selling private pension plans, (ii) creating and managing Pension Funds and (iii) raising, intermediating or investing third party or proprietary funds, including purchase consortium transactions or custody of third party moneys.

The e-Financeira is compulsory in relation to triggering events occurring after January 1st, 2015, and taxpayers are exempted from filing a Statement of Information on Financial Transactions (“DIMOF”) relating to triggering events occurring after January 1st, 2016. The deadline for filing an e-Financeira relating to the calendar year of 2015 is the last business day of May, 2016.

In addition, it is important to highlight that Normative Ruling 1,571/2015 provides that legal entities listed in the Agreement signed between Brazil and the United States of America in order to permit the exchange of information and the enforcement of the FATCA (Foreign Account Tax Compliance Act) have to file by August 15, 2015, an e-Financeira in relation to triggering events that occurred between July and December, 2014.


Related People

  • Ivan Tauil
    T + 55 21 2127 4213
  • Celso Grisi
    T +55 11 2504 4671
  • Eduardo Maccari Telles
    T + 55 21 2127 4229
  • Carolina M. Bottino
    T +55 21 2127 4217
The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.