Central Bank announces deadline for reporting foreign assets


Central Bank announces deadline for reporting foreign assets


Brazil’s Central Bank has established the filing period of June 9 through July 31 for the mandatory annual reporting of foreign assets held by Brazilian companies, individuals and investment funds. The reporting is required for those with foreign assets worth at least $100,000, or the equivalent amount in other currencies, as of December 31, 2007. The deadline was announced in Circular 3,384/2008, published in the official gazette on May 8.