segunda-feira, 19 de novembro de 2012

6% taxation on international loans to Brazil

As from today, any international loan to Brazilian companies or individuals is subject to 6% IOF Tax.
Only loans with a maturity date
longer than 5 years   2 years  1 year are exempt from the taxation (there have been several changes within 2012. Currently, the minimum is 1 year).

The Brazilian government is trying, by all means, to reduce the influx of US Dollars to Brazil.
Those are mad times we live in.


- Use loans with a maturity date that is effectively longer than 5, 2 1 year  (mentioning 1 year but obtaining payment in less than that time will not be enough).

- Invest instead of lending.

See you soon.

Um comentário:

  1. Are you in need of a loan? Do you want to pay off your bills? Do you want to be financially stable? All you have to do is to contact us for more information on how to get started and get the loan you desire. This offer is open to all that will be able to repay back in due time. Note-that repayment time frame is negotiable and at interest rate of 3% just email us


Do you have any doubts or suggestions? Leave your message (the comments shall not be considered as legal advice)