Tag: Income
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Brazil ‘offers great investment opportunities’
One expert’s comments about the good investment opportunities in Brazil may tempt property moguls to transfer money to the country. Mark Sharp, chief executive officer of the Association of International Property Professionals, described how there are “many good” opportunities for those keen to purchase a home in Rio de Janeiro. He noted that the second…
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Brazilian Tax System Overview
The current Federal Constitution, which was promulgated on October 5, 1988, allocates taxing power between the Union, the States and Municipalities, granting to each of them the power to levy taxes. Taxes in Brazil are divided into pure taxes, betterment fees, social contributions, contributions and compulsory loans. Each level of government is allotted specific taxes…