Brazil's Tax and Trade Policies under the Rousseff - Brazil-US ...
Brazil's Tax and Trade Policies under the Rousseff - Brazil-US ...
Brazil's Tax and Trade Policies under the Rousseff - Brazil-US ...
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Limitations to Foreign Investment• Communication industry / media: newspapers <strong>and</strong> media companies (image <strong>and</strong> sound)must be controlled by <strong>Brazil</strong>ian individual ; foreign investment is limited to 30% of <strong>the</strong> totalvoting capital, this rule does not apply to Internet companies• Petroleum <strong>and</strong> nuclear energy: state monopoly, but <strong>the</strong> Government may authorize <strong>the</strong>exploration by state enterprises, mixed-capital or private companies• Health: restricted to national capital (although foreigners can participate in health insurancecompanies)• Mining: participation of foreign capital through <strong>Brazil</strong>ian companies is allowed. There aremore restrictions in border areas• Buildings: <strong>the</strong>re are restrictions only in border areas (including coastal zone), while<strong>Brazil</strong>ian companies with foreign capital may have properties in <strong>the</strong> coastal zone• Public Services: telecommunications, electricity, gas distribution, rail transport, amongo<strong>the</strong>rs, are explored through concessions <strong>and</strong> foreign participation is permitted <strong>under</strong>certain restrictions
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