According to the article release on, the deadline for annual declaration of BCA (Brazilian Capitals Abroad) was on 5th of April. However, the quarterly statements can be made throughout the year. This is because non-delivery of the CBEs statements within the stipulated dates can sometimes be associated with some errors, false or incomplete information. Therefore, to avoid any risk, Lawyer Ricardo Tosto advised that declarations should be published online using the CBE declaration forms, which can be found on the website of Brazilian Central Bank. The forms are of two types, which are Quarterly CBE and Annual CBE.
The annual declaration is mandatory for individuals or legal entities who hold foreign assets. The declaration affects issues such as shares, equity participation in firms, real estate business, and fixed income securities. With the quarterly CBE, declarations are made by legal entities or individuals, as well as residents holding assets abroad equal to or greater than $100 million. Also, Barros Ricardo Tosto suggested that the best dates for the declaration of Quarterly CBEs should be March 31, June 30, and September 30 every year. In that case, there should be no specific CBE statement in the 4th quarter of the year and learn more about Ricardo.
About Mr. Ricardo Tosto de Oliveira Carvalho
Mr. Ricardo Tosto de Oliveira Carvalho is a prominent litigation lawyer and market leader. He currently works with Leite, Tosto and Barros Advocates and Associates. He is a lawyer with great recognition and always handles legal issues in an organized and efficient method. Mr. Ricardo Tosto de Oliveira Carvalho has all of the characteristics that a lawyer should have. He is agile, efficient, skilled, dedicated and his Instagram.
Additionally, Mr. Ricardo Tosto de Oliveira Carvalho started to work with Leite, Tosto and Barros Advocates and Associates in April 1991. He has more than 26 years of experience in law. He is practically the best lawyer when it comes to litigation cases. Mr. Ricardo Tosto de Oliveira Carvalho attended the University of Presbiteriana Mackenzie, from where he received his Bachelor Degree in Law. Mr. Ricardo Tosto de Oliveira Carvalho was also an alumnus of Fundação Armando AlvaresPenteado, from where he received his Master Degree in Business Administration.
Other Reference: https://twitter.com/ricardotosto01?lang=pt