Real Estate Transaction Tax.

ESTATE TAX (ITBI)

In normal purchase and sale transaction, 2% (two percent) shall be withheld over the amount attributed by City Hall. When this is a cash sale, withholding shall be beforehand, before signing the deed for purchase and sale.

When it is a term sale, withholding can be made within 30 (thirty) days after signing the promissory deed for purchase and sale.


LAUDEMIUM

This is owed when the property is a TENEMENT.

The property can be rented to the union, the Township, to Families and to Entities. For each case there is a percentage to be withheld at the signing of the deed.

To know whether it is TENEMENT property to the Township, obtain an EMPHYTEUTIC CERTIFICATE.

To know whether it is TENEMENT to the Union, Families or Entities, obtain a MORTGAGE CLEARANCE CERTIFICATE issued by the Notary Public of Properties.

NOTE: There are properties that withhold more than one LAUDEMIUM at a time.


REAL ESTATE PROPERTY PROFIT

Whenever we sell a property, we are subject to the withholding of TAX OVER REAL ESTATE PROPERTY PROFIT. This occurs because when we sell a property, we are generally earning a capital gain.

The “CAPITAL GAIN” is a positive difference, in UFIR, between the amount to transfer the good or right and its acquisition cost.

According to NORMATIVE INSTRUCTION # 31, of 5/22/96, of the Ministry of the Treasury, the ascertained gain is currently subject to exclusive taxation through the application of a 15% aliquot.

We advise the owner (seller) to consult the NORMATIVE INSTRUCTION in effect at the time the property is sold, with regard to:

1 - TAXATION.
2 - OPERATIONS INVOLVED IN DISPOSAL
3 - COSTS TO ACQUIRE DISPOSED OF GOODS OR RIGHTS
4 - COSTS THAT ARE PART OF PROPERTY ACQUISITION
5 - TAX EXEMPTIONS IN DETERMINING CAPITAL GAINS
Conselho Regional de Corretores
de Imóveis do Rio de Janeiro
1ª Região

av. Presidente Vargas, 417
19º e 20º andares
Tel: (0XX21) 2221-6242
CENTRO - Rio de Janeiro - RJ
www.creci-rj.org.br
ABADI
Associação Brasileira das Administradoras de Imóveis
rua do Carmo, No. 6 - 8o. Andar
CENTRO - Rio de Janeiro - RJ.
Tel: (0xx21) 2533-2852
Fax: 2533-5202

www.abadi.com.br
ADEMI-RJ
Associação de Dirigentes
de Empresas do Mercado Imobiliário
av. Portugal, 466 - Urca - Rio de Janeiro - RJ
Tel: (0XX21) 2543-1110 | Fax: (21) 2543-1622
www.ademi.org.br
SINDIMÓVEIS SINDIMÓVEIS
Sindicato dos Corretores de Imóveis
do Município do Rio de Janeiro

av. Presidente Vargas, 417 - 2° andar
CENTRO - Rio de Janeiro - RJ
Tel: (0xx21) 2509.5456
Fax:(0xx21) 2224.8753
www.sindimoveisrio.com.br
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HEADQUARTERS:
Rua da Assembléia, 40, 11°, 12° e 13° andares
Centro - Rio de Janeiro - RJ - Brazil - CEP 20011-000
(Next to the Menezes Côrtes Garage Terminal)
PABX: (05521) 2272-4422
Rentals Department (05521) 2509-0717
Sales Department (05521) 2272-4400 /
2224-5830
Fax 24 hours: (05521) 2509-0910
BARRA DA TIJUCA BRANCH:
Av. das Américas, 4200 – Bl. IV – Grupo 401
Centro Empresarial do Barra Shopping
Barra da Tijuca – Rio de Janeiro – RJ - Brazil
(Exclusive Parking)
PABX: (05521) 3328-6314
Others: (05521) 2432-7901 / 3328-6312
COMMERCIAL & INDUSTRIAL PROPERTIES
Rua Sacadura Cabral, nº 301 - Loja e Sobreloja
Gamboa - Rio de Janeiro - RJ - Brazil - CEP 20221-160
(Exclusive Parking)
Phone: (05521) 2292-0080
Others: (05521) 2510-6134
            (05521) 2510-6008
            (05521) 2253-1684
            (05521) 2283-6103

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