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Tag: tax burden

RIO DE JANEIRO, BRAZIL - Brazilians' total taxes in 2021 increased to 33.9% of GDP (gross domestic product) in Brazil in 2021. This is the highest level in the historical series that began in 2010. It increased by 2.14 percentage points...
RIO DE JANEIRO, BRAZIL - The high tax burden in Brazil makes domestic products more expensive, discourages investment, and opens the door to illegality. Taxes on Brazilian goods can be up to five times the value of taxes levied...

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