Artigos

Offshore entities and trusts can be legitimate tools for:

• asset protection

• succession planning

• portfolio diversification

• currency risk mitigation

• international business operations

However, Brazil applies strict rules to foreign structures, especially after the enactment of Law 14.754/2023, which introduced:

• annual taxation of offshore income,

• transparency rules for controlling individuals,

• changes to trust treatment,

• stricter valuation and reporting standards.

• Expats must ensure:

• proper reporting on the IRPF (Brazilian tax return)

• valuation of assets according to Brazilian rules

• compliance with the CBE (Brazilian Capitals Abroad)

• alignment of trust or corporate documents with Brazilian tax definitions