Tag: Brazil super rich

• Wednesday, January 29th 2025 - 09:17 UTC

  Taxing the “super rich” pays off for Brazil's gov't

  

  Brazilian Finance Minister Fernando Haddad's policy of taxing the “super rich” yielded unprecedented returns of R$ 20.6 billion (US$ 3.32 billion) to the South American country's coffers in 2024, Federal Revenue Secretary Robinson Barreirinhas confirmed Tuesday. The strategy focuses on exclusive investment funds and offshore assets, it was explained.

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