Video 2618 - Offshores - How the rich avoid paying taxes
32m 55s 05/22
Brazilian millionaires have R$ 1 trillion invested abroad in various funds. Part of this money is invested offshore – a system that is legal, but unfair from a Brazilian tax perspective, where the rich do not pay taxes on profits and dividends, while most of the population pays taxes on everything they consume and even has income tax deducted from their paychecks.
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