Brazil

Facts and figures
Pre arrival procedures
Employment visas
Tax year
Tax returns and compliance
Income tax rates
Sample income tax calculation

Pre arrival procedures
The intention, length of stay in Brazil, and type of visa to be acquired, should be considered before an expatriate takes up employment in Brazil. Also, the conditions of the assignment must be subject to Brazilian employment laws.

Employment visas
A foreign individual is authorized to enter Brazil so long as a visa is granted . There are many visa classifications stating the activities to be performed by the bearer of the visa, the period in which he/she is authorized to stay in the country, as well as the rights he/she is entitled to.

Focus on the employment, social security and tax effects of temporary and permanent visas is granted to a foreigner who intends to work in Brazil.

Tax returns and compliance
Individuals considered as tax residents in Brazil are subject to filling Annual Tax Return must attempt to the filling period which starts generally on May 1st until the last work day of April of every year.

Tax year of 2010
The Brazilian tax year runs from January to December.

For the tax year of 2010Brazilian Tax Authorities has increased the tax rates as below:

Income tax rates

2010 - Monthly Income tax rates (for full year basis: x12)

• introduction
• facts and figures
• basis of taxation
• what taxes?
• tax planning opportunities