There is a misunderstanding firstly you would only pay taxes on it if you claimed it as income, secondly Why would you need a buisiness account in Brazil if you had a personal account in Brazil. My post was refering to sending money from your personal exterior account to a buisiness account here in Brazil as investment funds. Investment funds are tax free plus you can gain a permanent visa doing this called an investment visa. When you achieve a permanent visa then you can acheive an Rne Then an account fisical (personal) then problem solved. But intil the problem is solved it is a way of moving money inside Brazil for foreingners. You know what I am receiving alot of cunning emails because I am telling people that is possible to open an account before you get your RNE many people are taking it personal because they said its not possible. Didnt mean to offend anyone was just trying to help. But go ahead and assume the tradition that its not possible nor worth it and let the people wanting and need an account be without an account or options it seems people prefer that. Have a good forum chat I will not be giving anymore "bad advise" as Tim says. So now you guys can consider case closed its not possoble and your all right...now you can move on to another subject.
Xau peace out!
Quote:
Originally Posted by PAUL-brasil
Shawn,
I dont know if there s a little misunderstanding here, but if you had transfered money from your Brazilian business account to your Brazilian personal account then surely thats means you have paid your self a wage, whether or not it was under the tax threshold (at around R$1300 month) still your business would still of needed to pay the social security tax at atleast 7.5% for that personal wage, or is that the small bank charge you were meaning?
Cheers
Paul
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