How much can you earn before paying Tax?
Printed From: Gringoes.com
Category: Brazil
Forum Name: Investing in Brazil
Forum Discription: Land, Real Estate, Setting up a Business
URL: http://www.gringoes.com/forum/forum_posts.asp?TID=10702
Printed Date: 18 May 2013 at 17:38
Software Version: Web Wiz Forums 8.05a - http://www.webwizforums.com
Topic: How much can you earn before paying Tax?
Posted By: latinboy
Subject: How much can you earn before paying Tax?
Date Posted: 22 October 2010 at 20:23
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Well as the headline says " How much can you earn before paying Brasilian tax" ?
I am looking at working online and wanted to know how much am I allowed to earn before having to pay my Brasilian tax? I heard it was $10,000 Reais and a penny over this you have to declare it, is this true?
------------- What ever you put into life you get out. |
Replies:
Posted By: HalfGringa
Date Posted: 22 October 2010 at 21:58
| R$ 17.215,08 anually.= in 2010. But if you're not actually employed with a CNPJ reporting that they are paying you, for example... heck... you only made 17 thousand, right? Just don't buy the car in your name. kkk |
Posted By: latinboy
Date Posted: 23 October 2010 at 21:05
Thanks man
 ------------- What ever you put into life you get out. |
Posted By: Doc Draper
Date Posted: 25 October 2010 at 19:11
| If working a business online,is it also R$ 17,215.08? annual profit or revenue? |
Posted By: HalfGringa
Date Posted: 25 October 2010 at 22:09
| This is salary - personal earnings. If you own a business, hence a CNPJ, it's a whole other ball game. |
Posted By: latinboy
Date Posted: 26 October 2010 at 07:54
Just to clarify, I am working freelance on line, not my own business, but freelance working for myself. Is it still R$17,250 a year without having to pay tax?
Thanks in advance. ------------- What ever you put into life you get out. |
Posted By: sven
Date Posted: 26 October 2010 at 09:26
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If you work as an autonomous and you give reciepts to your clients, than they will use your CPF and indicate these payments to you. If you say you make 17K a year, but you give out receipts for 50K you may have a problem. ------------- We live in an age when unnecessary things are our only necessities. ~Oscar Wilde |
Posted By: andrewfroboy
Date Posted: 26 October 2010 at 09:52
| but you could try to claim that you had 33K in expenses, receipts only prove earnings, not profit, I would hope you are only paying taxes on profit and not revenue |
Posted By: sven
Date Posted: 26 October 2010 at 10:47
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as an autonomous you can only claim those discounts that are allowed on your tax return. As an autonomous you pay over revenue and not profit.
but as an autonomo, other rules apply. they should be filling out a "Carné Leão" monthly. this holds true also for those renting out properties. ------------- We live in an age when unnecessary things are our only necessities. ~Oscar Wilde |
Posted By: latinboy
Date Posted: 27 October 2010 at 09:30
Hi Sven, How do you go about being Autonomous? Recieta federal? and do i need to do this if i am working online freelance? what if people dont want reciepts?
Please could do with some help.
Many thanks man. ------------- What ever you put into life you get out. |
Posted By: sven
Date Posted: 27 October 2010 at 10:02
If you work for companies they will want (need) reciepts for their tax. You'll have to register as an autonomous and that would be at the state secretaria de fazenda. ------------- We live in an age when unnecessary things are our only necessities. ~Oscar Wilde |
Posted By: soren
Date Posted: 28 February 2012 at 03:39
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I am thinking about moving to brazil,I am making around 200.000 real a year.
how much would I pay in tax? |
Posted By: spongebob
Date Posted: 28 February 2012 at 08:32
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Google works wonders! Here a good PDF file from Deloitte with just about everything you will ever want to know about taxes in Brazil: http://www.google.com.br/url?sa=t&rct=j&q=brazilian%20income%20tax%20rates%202012&source=web&cd=1&ved=0CCMQFjAA&url=http%3A%2F%2Fwww.deloitte.com%2Fassets%2FDcom-Global%2FLocal%2520Assets%2FDocuments%2FTax%2FTaxation%2520and%2520Investment%2520Guides%2F2012%2Fdttl_tax_highlight_2012_Brazil.pdf&ei=oshMT7-yPIvegge49dmxAg&usg=AFQjCNHfTT2GdKhNGJn31GAwvR0Wx08rAA&cad=rja - here ------------- - ** Just sayin' ** ** Make lemonaid out of lemons. ** ** Trolls get old...** |