What are my tax obligations when the origin of the market place is located in a third country, a.e China?

Direct purchase via exchange abroad – both for individuals and for legal entities – must be informed to the RFB (Brazilian’s Federal Tax Authority) under the terms of IN (Normative Instruction) 1888 article 6º, § 1º, if it exceeds R$ 30.000 (Brazilians reais). In the case of an individual, apply the conversion rules and provide the information in the DIRPF (Income Tax Declaration). In the case of a legal entity, apply the rules for accounting for non-financial assets, depending on the case.