Income Tax in Brazil 101: The Lowdown
There’s an old saying in Danish: “There are only two unavoidable things in life: death and taxes (in this order – think: estate tax)”.
And when moving to Brazil or considering it, this is one of the first and major questions to pop up in our heads.
I mean, where are the limits and when does Brazil start wanting their cut?
How about our country back home, when do I call it quits with the tax agency there?
Or do I have to pay taxes in both countries?
Though maybe a bit confusing at first, It’s something that I’ve been through and am here to help you with.
So whether a student, permanent resident or a guest, you’ll want to heed my following words…
Chris
I believe you probably do need to pay tax in both countries. I don't have any US based income so…