Brazil Daily

Brazilians stashing cash in tax havens

Good morning! Tax havens top the list of offshore investments from Brazil. GDP growth forecast improves, according to the IMF. Bolsonaro confirms new Chief of Staff amid gestures to congressional allies.

Brazilian investments prefer tax havens

Brazilian investments prefer tax havens
Photo: Yabresse/Shutterstock

A new report by the Brazilian Central Bank shows that seven of the top 12 destinations for the country’s offshore direct investments are tax havens. 

Destinations. The Netherlands, which tops Brazil’s list, ranks fourth among...

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