From January 1, 2024, Income Tax on financial investments made abroad (such as shares of ETFs, REITs, shares, CDs and bonds) will be calculated annually, upon delivery of the DIRPF. All gains and income (such as dividends, interest, coupons, etc.) will be consolidated in a new DIRPF Form that will be created by the Federal Revenue Service, which will also allow the offsetting of losses between these investments abroad.
If the result determined at the end of the year is positive (income and gains exceeded losses), the 15% rate will be applied to it to collect income tax (once a year).
If the result is negative, the uncompensated balance of losses can be used in subsequent years (to offset future gains and income). It is important to maintain a record of losses in the DIRPF for future use purposes.
The offset of tax paid abroad on income and gains from financial investments abroad continues to be permitted.
On the other hand, since taxation on income from financial investments abroad is now subject to a specific taxation regime, the exemption of gains on the sale of small-value assets (sales of up to R$35,000.00 each month ) is no longer applicable in relation to financial investments abroad.