Wednesday, December 27, 2023

Projects to tax the income of Big Techs operating in the Brazilian market

A study by the University of Brasilia determined a potential tax revenue of over US$5.5 billion for the Brazilian Treasury, coming from the main digital services companies.

In recent months, the global controversy over the so-called "Fair Share" (where major digital companies should collaborate with operators for the development of telecommunications networks) has gained momentum in the Brazilian market. This is a topic in which the National Telecommunications Agency (Anatel) will likely play an active role. In addition to the ongoing public consultation, Anatel is expected to take a position on this contentious issue in the coming months.

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