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How do I pay taxes on the earnings on my Flexible Account?

Offshore income is subject to monthly taxation in Brazil. You must pay income tax on your offshore earnings through the Carnê-Leão system, an advance tax payment system for income received from abroad.

The Carnê-Leão payment is due by the last business day of the month following the month in which the income was received.

You can access the Carnê-Leão system directly on Brazil's government website.