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By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The total taxes paid in the telecommunications sector last year totaled R$64 million, according to the Brazilian Telecommunications Association (Telebrasil). The amount is six percent higher than in 2015, despite...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The deteriorating economic situation in the country led many Brazilians to reduce their spending abroad in January, a traditional holiday month for Brazilian families. According to the Central Bank (CB)...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The trip by Brazil’s President Dilma Rousseff to Congress for the start of the legislative year caused commotion, as expected, on Tuesday, with part of Congressional representatives defending the President...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – A deteriorating economic scenario and the steep depreciation of the Brazilian real in relation to the U.S. dollar discouraged Brazilians from traveling and spending abroad last year, according to the...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With time running out, government officials in Brazil scramble to get the tough fiscal measures approved by Congress. Finance Minister, Joaquim Levy, is one of the most active members of...
By Sarah Brown, contributing reporter RIO DE JANEIRO, BRAZIL - It is the small to medium-sized companies that are gaining the bigger profits in Brazil against last year’s figures, according to the Internal Revenue Sector. They state that the low...
By Lise Alves, Contributing Reporter SÃO PAULO, BRAZIL – Doing annual taxes in your own country is already difficult enough, but when it comes to Americans who are living abroad the situation sometimes becomes even trickier. The same difficulty is...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL - The European Union took legal action against Brazil's high taxes imposed European imports. After lengthy negotiations at the World Trade Organization (WTO) headquarters in Geneva, Switzerland, the EU feel that...
By Stephanie Foden, Contributing Reporter RIO DE JANEIRO, BRAZIL – Salaries in Brazil rose and the jobless rate went down to 5.3 percent in August from 5.6 percent last month, slightly below what economists were predicting. This is the second...
By Lisa Flueckiger, Contributing Reporter RIO DE JANEIRO, BRAZIL - A study by the Inter-American Development Bank (IADB) shows that Brazilian companies need to work more than their counterparts around the world to pay their taxes. A middle-sized company has...
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