The brazilian Central Bank starts today the new edition of the Annual Census of Foreign Capitals in Brazil. For the ones that participated of the 2011 edition, things will be mostly the same. It is mandatory, however, only for those legal entities resident in Brazil who had:
1) on December 31 last year, stockholders'
equity exceeding $ 100 million and simultaneously non-residents direct participation in any amount in their share capital;
2) foreign debt, in the form of short-term trade credits (up to 360 days), equal to or exceeding $ 10 million.
The statements shall be delivered until August 15, 2013. Click here for more details and to access the Circular Letter fixing the dates of the Annual Census.
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