BRAZILIAN TAX AUDITORS: UPCOMING SUPERVISION FOR THE SECOND HALF OF 2017 by Marcelo Castro Alves Property abroad (ex: Miami) but not listed in the tax returns in Brazil The first surveys carried out by the Tax Auditors identified a significant number of Brazilian property owners in Miami County. From the first information collected, it is estimated that 4,765 Brazilians bought real estate in the last 5 years, of which 65% the acquisition were made through the Limited Liability Company (LLC). The data analyzed so far show that, of the taxpayers who acquired real estate via LLC, 43% did not report…
Autor: Kitty de Melo
Are you ready for Art Basel Miami? Stay Tuned! Vivienne Bardot Have you started counting down the days to Art Basel Miami 2017? https://www.artbasel.com/miami-beach The upcoming 2017 edition will feature over 200 Galleries from North/South America, Europe, Asia and Africa, and over 4,000 artists inside the Miami Beach Convention Center. Not only modern and contemporary art will be featured, but also the art of emerging artists. Art Basel’s sophisticated cosmopolitan crowd of gallerists, artists, collectors, jet-setters, and celebrities, mixed with Miami’s unique, upbeat energy, transform the Magic City into the place to be and be seen during the beginning of December!…
Fifty Countries Started Automatic Fiscal Data Exchange as of September 30, 2017 by Marcelo Castro Alves Fifty countries started automatically exchanging tax information for their residents, a step closer to ending bank secrecy, but that does not solve all the problems related to tax fraud. On September 30, the British territories of Anguilla, Bermuda and Cayman Islands, among others, ceased to be tax havens and became the first countries to automatically share their citizens’ bank details, a measure demanded by the Organization for Economic Cooperation and Development (OECD). The list of the first 50 countries includes almost all the Member…
Monaco Yacht Show: The Luxury of Mega Yachts! By Vivienne Bardot After attending the 2017 Monaco Yacht Show, I understand why it is considered one of the world’s greatest superyacht events – Indeed, the “Super Bowl of Luxury Yachting”! As always, it was a showcase for the world’s most stunning nautical luxury vessels, with this year, nearly 125 beauties gliding elegantly into Port Hercules (already itself, a picture postcard). International and regional visitors who arrived to experience the only yacht show exclusively dedicated to mega yachts were not disappointed. The average length of the display fleet this year was approximately 49m /…
Nightmare on the Beach: Little Light House Foundation! By Vivienne Bardot Are you ready to have a nightmare on the beach? The Little Lighthouse Foundation is hosting its 8th Annual Nightmare on the Beach: Dark CarnEvil Halloween party! Considered one of the best Halloween parties in Miami, some 1,200 guests enjoy delicious bites, cocktails and live entertainment, and all for a good cause. The Little Light House Foundation, a non-profit organization, provides deserving children and their families financial, educational and medical assistance throughout South Florida. The Foundation provides many volunteering opportunities, and its goal is to be “the top of mind volunteer organization in SoFla. ” Once again,…
DÔA DÔA celebrates with a sinfully delicious poison, Into the Fog. The spine-chilling drink blends Altos tequila, grapefruit juice, lime juice, cinnamon syrup and allspice dam for a combination so delicious it’s do die for. Forte dei Marmi Forte dei Marmi casts a spell over its guest with its cocktail, Smoke & Mirrors. The concoction uses Añejo Mezcal, Vermouth and Campari with a wicked vaporous effect. Nautilus Hotel Nautilus Cabana Club serves sinister sips in the form of Ron Barceló’s The Storm is Coming. Dark and mysterious, the cocktail’s combination of Ron Barceló Añejo, muddled blackberries, lemon, simple syrup, agua…
Milan has been well known as a high fashion capital of the world and for some years it has been hosting an outstanding charity event famous all over the world the “AmfAR gala” held at the Permanente Museum in via Turati. AmfAR events are well known for the numerous celebrities supporting it. This year the red carpet was literally booming with internationally acclaimed rich and famous. The AmfAR Foundation Chairman of the Board Kenneth Cole was drowning in the ocean of sheer beauty surrounded by internationally acclaimed models like Alessandra Ambrosio, Karolina Kurkova, Irina Sheikh, Hailey Baldwin, Claudia Galanti and…
Sem dúvida alguma, o desfile da Versace na Semana de Moda de Milão foi um dos melhores e mais interessantes. O evento foi uma grande homenagem ao falecido Gianni Versace, já que este ano marca 20 anos…
The Real Estate market for FOREIGN INVESTORS (Brazilians, among others) by Marcelo Castro Alves For a foreign investor, the US real estate market is a tricky road. There are many factors to consider, including those that are not directly related to the investment itself. Among those factors, the tax consequences are one of the most important. Depending on the structure the investor uses he will be exposed to estate tax in the US (low limit exemption), annual tax filings, FIRPTA Withholding, high bracket income tax, double taxation in the US, or even triple taxation when taking local jurisdiction taxation rules…
Brazilian who owes to the IRS (American tax revenue) is subject to the customs approach and can be targeted in the U.S. By Drummond, Boston, USA. Checking ones situation with tax consultant can avoid embarrassing situations during travel to the U.S. Business trips to the United States become increasingly common for Brazilian investors and businessmen, but there are cases where arriving in the U.S. can become complicated. One example is the IRS taxpayers who reside outside the U.S. and are on arrears. The rigid oversight of the Homeland Security Department (DHS) has the power to approach, deter and monitor…
On 27th September, The Bulgari Hotel Beijing opened its doors in the heart of the exclusive Embassy District. Designed by architects Antonio Citterio and Patricia Viel, and crowning 7 years of meticulous construction works, the fourth jewel of the Bulgari Hotels & Resorts collection rises within the new Genesis Project, an oasis of tranquility that balances art and nature. Conceived as the ultimate Urban Resort, The Bulgari Hotel Beijing balances art, design and nature with sculpted gardens that extend along the Liangma River. The hotel’s 119 exquisitely furnished rooms include the exceptional Bulgari Suite, with some of the best views…
Florida abounds in natural gems which can be your perfect low-key getaway on a tranquil weekend. Ginnie Springs Ginnie Springs Outdoors is located approximately 6.5 miles northwest of High Springs, on the south side of the scenic Santa Fe River. With its crystal blue waters and a limestone bottom, Ginnie Springs has attracted generations of cave divers and open-water divers. Areas for scuba-diving, snorkeling and swimming invite water enthusiasts for uplifting adventures. Ginnie Springs is an authentic natural paradise, with its mix of cypress and hardwood trees, enlivened by the sounds of wading birds. Falling Waters State Park in the…