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Brazil: New requirements to complete the Brazilian Capital Abroad Reports
9/15/2020
Brazil has increased the threshold required to complete the Brazilian Capital Abroad Reports (CBE). According to the new rules, the annual CBE report is mandatory for individuals or legal entities resident in Brazil who hold foreign assets or investments greater than or equal to USD 1 million (previously USD 100,000) as of 31 December 2020. The changes take effect from 1 September 2020.