In 2021, the Nubank, Brazilian fintech, held its initial public offering (IPO) on the New York Stock Exchange. The digital bank offered its customers the product, under the name of “pedacinho”, as a form of investment. Understand!
The “little piece” was a level III Brazilian Depositary Receipt (BDR). It functions as a certified asset, representing one-sixth of a share of Nu Holdings Class A common stock. Despite this, there was a restructuring and it became BDR level I. The action allowed the bank to issue BDRs without the need for the company's active registration in Brazil.
see more
Japanese company imposes time restriction and reaps benefits
Alert: THIS poisonous plant landed a young man in the hospital
Did you buy a “little piece” of fintech in 2022? If your answer is yes, know that it is necessary to declare the investment in the 2023 Income Tax. In addition, it is worth remembering that many bank customers accepted the purchase without being completely clear that they were making an investment in shares.
It is necessary to pay attention to two points, if the investor received the BDR at zero cost during the IPO. Are they:
- Did you sell the “little piece” of Nubank in 2022 and have a taxable profit? Disposals of BDRs are not tax exempt;
- If you kept the investment in your portfolio, you also need to declare it, if you fit one of the mandatory items for sending the statement.
In summary, if you had taxable income above R$ 28,559.70, you need to declare the application. However, according to the taxation regime, those who received taxable income in 2022 above BRL 28,559.70 will only need to declare the BDR if its value is above BRL 140.
Learn how to declare this Nubank investment
Do you want to include the BDR in your income tax return? Follow the step by step:
- Go to the “Assets and Rights” option, click on “New”;
- In the “Code” item, select “49 – Other Investments and Investments”;
- Go to “Discrimination”, specify the number of BDRs, the name of the company/ticker of the security and the broker used for the purchase;
- Click on the “Situation” item and add the total values.
Lover of movies and series and everything that involves cinema. An active curious on the networks, always connected to information about the web.