How are the capital gains taxes on Brazilian trades calculated?
As an investor resident in a jurisdiction identified as a tax haven by the Brazilian Tax Authority, your trading activities are subject to specific capital gains tax rules under Brazilian regulations. Consequently, IBKR is required by the Brazilian Tax Authority to collect taxes on your trading activities according to the local Brazilian regulations…
What taxes are applicable to trading my activity in Brazil?
In Brazil, non-resident investors trading in the cash equities market (stock market) on a Brazilian exchange are subject to specific tax rules established by the Brazilian Federal Revenue Service. These rules vary depending on whether your tax domicile is in a jurisdiction considered to be a tax haven by Brazilian regulations…