Vest knows how important it is to provide the necessary documentation for filling The tax report provided by Vest is designed to help you submit your information in the IRPF 2025 program. Here's how to do it:
Vest account balance
Group: 06 – Depósitos à vista e numerário (Cash and equivalents)
Code: 99 – Outros depósitos à vista (Other cash deposits)
Location (Country): 249 – United States
Description: Enter the USD balance available in your Vest investment account as of 12/31/2024, as shown in your report, using the official exchange rate to convert to BRL.
Assets in custody (stocks, ETFs, REITs, etc.) - For each asset, create a separate entry:
Group: 04 – Aplicações e Investimentos (Investments)
Code:
01 – Ações (for stocks)
02 – Fundos (for ETFs, REITs, pension funds)
03 – Títulos Públicos e Privados (for bonds or fixed income)
99 – Outros bens e direitos (for other investment types)
Location (Country): 249 – United States
Description: Include the quantity, type of asset, name of the company or fund, ticker symbol, total amount paid in USD, and average PTAX conversion rate. You can also write: "Purchased through Vest / DriveWealth."
You can find detailed examples in our [step-by-step guide].
This information does not remove or replace the investor's responsibility to verify all the data and values presented, nor the need to seek guidance from a trusted tax or legal advisor for the proper declaration of investments to the Brazilian Internal Revenue Service (RFB) and the Central Bank of Brazil (BCB). Northbound Securities, LLC does not offer tax or legal advice.
The information provided by Vest is for informational purposes only and does not replace professional evaluation and guidance in tax and regulatory matters. Vest is not responsible for any losses resulting from miscalculations, incorrect tax filings, or reporting of foreign investments, income, or capital gains. We always recommend that investors ensure the information they report complies with Brazilian regulations.