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Brazil: tax exemption for foreign tourists would generate US$420 million

The refund of values for foreign tourists through tax exemption, called Tax-Free, would cause an increase in their spending in Brazil and result in an annual financial turnover for the country of US$420 million, equivalent to R$2.1 billion.

The conclusion is from the survey 'International Tourism: Satisfaction and Consumption in the State of RJ and Tax-Free', carried out in March by the Fecomércio Institute of Research and Analysis of Rio de Janeiro (IFEC-RJ), with foreign tourists in the departure area of the Galeão Tom Jobim International Airport, in Rio's northern zone . . .

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