In an interview with E-investidor Estadão, Leonardo Cotta Pereira, our firm’s head of corporate affairs, commented on the advantages of anticipating inheritance, given the changes to the ITCMD (Imposto de Transmissão Causa Mortis e Doação) rules with the Tax Reform.
When it comes to inheritance, making a living gift to heirs has proven to be a safe option for those who don’t want to wait for the inventory to be made. This is because, with the possible changes envisaged in the ITCMD, the tax could become a mandatory progressive rate of up to 8% for all Brazilian states.
According to the specialist, heirs should keep an eye on inheritance issues, as other proposals to increase tax rates have already been raised in the country.
Click here to read the full article.
