Oct 06
Steve Jobs is not Brazilian The Apple founder Steve Jobs, died without seeing his company operate normally in Brazil. The he is rightly being hailed as a revolutionary genius who transformed the way we sell and consume culture and technology. That’s a lot. But one thing he could accomplish was to make his business occupy …
Oct 06
Finished the updates on taxes on my knowledge page Doing business in BRazil. Pffff #
Oct 01
Brazil’s GDP Growth Slows Brazil’s GDP grew at a 2.5 percent annualized rate in the second quarter, down from 5.4 percent in the first quarter, and somewhat lower than its year-over-year growth of 3.2 percent. GDP is now 7.8 percent above its pre-recession peak. By Sector Brazil continued its trend toward services and away from …
Sep 29
Effective tax rates Brazilian government takes 40% from a $100,000 salary? BRAZIL has a income tax of 27.5% for a person earning $100,000, according to a survey of effective tax rates in 93 countries published on September 29th by KPMG, an accounting firm. But employee social-security contributions in Brazil are 12%, and once such contributions …
Sep 24
One of the automakers hardest hit by the protective measure of the Dilma administration, the increase in the IPI (Excise Tax), China’s JAC Motors accused Brazil of breaching the guidelines of the WTO (World Trade Organization) and confirmed that it has frozen its plans to open a factory in the country. “The way in which …
Sep 20
Protectionism all over the place: Brazil is closing its doors In another attempt protecting the labour market, Brazil has raised the minimum capital requirements for granting permanent Director’s Visas in Brazil. In the past it was possible to obtain a permanent visa for intra-company transferees to work as managers, directors, or executives with a minimum investment …
Sep 17
In Depth: Wind industry is caught in a Brazilian steel-price trap High domestic steel prices are one of the main barriers to making future wind projects profitable in Brazil. Developers are facing razor-thin margins after the two power tenders in August saw some projects awarded power-purchase contracts at less than R$100 ($58.30) per MWh. The …
Sep 16
The government will more than doubled the IPI (Tax on Industrialized Products) for domestic and imported vehicles that do not meet requirements such as investments in technology and a percentage of 65% domestic produced materials. Because of a common automotive regime between Brazil and Argentina, automakers operating in the neighboring country and sold to the …
Sep 13
BRICS may help Europe out – Business LIVE. BRICS may help Europe out The BRICS group of emerging markets may ramp up holdings of euro-denominated bonds in an effort to help European countries stuck in a sovereign debt crisis, Brazilian newspaper Valor Economico reported on Tuesday, citing an unnamed official. There was still “no firm dialogue” …
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