Should real estate agents declare Income Tax?
Feb 27, 2024 11:58:19 GMT 1
Post de account_disabled el Feb 27, 2024 11:58:19 GMT 1
Every year Brazilians, or foreigners residing in Brazil, must declare income tax . This year the delivery period began on March 1st and ends on April 30th. Like all other workers, real estate agents need to declare their income tax if they have received taxable income greater than R$28,559.70. Hired brokers whose paying source is a legal entity must report the total amount of income in the “Taxable Income received from Legal Entities” form. In this case, the company must be asked for the “Income Report” document so that the declaration can be made. The business broker, or legal entity, must check the pro-labore values, whether there was a distribution of profits and whether there was also any transaction with the individual, so that there are no discrepancies at the time of declaration. What documents are needed? The documents to be separated are income reports relating to banks, salaries and real estate and commissions received in 2017.
Also organize documents that prove assets and rights, debts and encumbrances, purchase and sale of shares, if you have one. Finally, you need to have all the documents on hand that prove the financial transactions you have made Chinese Singapore Phone Number List throughout the year. You will need your general data, as well as your dependents. CPF, date of birth, updated address, copy of the last declaration and professional activity being carried out are some basic documents that you must have on hand when making your income tax return. Should I make a simplified or complete declaration? The maximum amount that can be used to opt for the simplified discount is limited to R$16,754.34. Remember that choosing a simple declaration is prohibited for taxpayers who wish to offset losses from rural activities or taxes paid abroad. Taxpayers with higher expenses for dependents and health, for example, can choose to make a full declaration.
The deduction value for dependents rose to up to R$2,275.08 this year. In cases of education (childhood, secondary, technical and higher education), the individual deduction limit is R$3,561.50 this year. Tecimob: Website ready for real estate agents and real estate agencies. A complete tool for you to sell more! What happens if I delay submitting the declaration? Every taxpayer is obliged to submit their declaration within the pre-established deadline. If there is a delay in delivery, the taxpayer will be subject to payment of a fine, to be calculated as follows: 1% per month, levied on the tax due, even if it is paid in full. It is worth remembering that the minimum fine is R$165.74 and the maximum is 20% of the tax due. The Income Tax Declaration can be submitted via the internet through the Federal Revenue's transmission program, Revenuenet, or through the IRPF application, available in your smartphone's app stores.
Also organize documents that prove assets and rights, debts and encumbrances, purchase and sale of shares, if you have one. Finally, you need to have all the documents on hand that prove the financial transactions you have made Chinese Singapore Phone Number List throughout the year. You will need your general data, as well as your dependents. CPF, date of birth, updated address, copy of the last declaration and professional activity being carried out are some basic documents that you must have on hand when making your income tax return. Should I make a simplified or complete declaration? The maximum amount that can be used to opt for the simplified discount is limited to R$16,754.34. Remember that choosing a simple declaration is prohibited for taxpayers who wish to offset losses from rural activities or taxes paid abroad. Taxpayers with higher expenses for dependents and health, for example, can choose to make a full declaration.
The deduction value for dependents rose to up to R$2,275.08 this year. In cases of education (childhood, secondary, technical and higher education), the individual deduction limit is R$3,561.50 this year. Tecimob: Website ready for real estate agents and real estate agencies. A complete tool for you to sell more! What happens if I delay submitting the declaration? Every taxpayer is obliged to submit their declaration within the pre-established deadline. If there is a delay in delivery, the taxpayer will be subject to payment of a fine, to be calculated as follows: 1% per month, levied on the tax due, even if it is paid in full. It is worth remembering that the minimum fine is R$165.74 and the maximum is 20% of the tax due. The Income Tax Declaration can be submitted via the internet through the Federal Revenue's transmission program, Revenuenet, or through the IRPF application, available in your smartphone's app stores.
