Brazil Seizes Nine Bizjets over Alleged Tax Evasion
Brazilian tax, police and aviation authorities joined forces to seize nine business jets last week, and are eyeing 13 more aircraft, over alleged tax evasion. According to officials, Brazilians allegedly own and use the jets but registered them overseas to avoid the Latin American country’s aircraft import taxes of nearly 35 percent. (Source: Brazil Receita Federal)
Brazilian tax, police and aviation authorities joined forces to seize nine business jets last week, and are eyeing 13 more aircraft, over alleged tax evasion. According to officials, Brazilians allegedly own and use the jets but registered them overseas to avoid the Latin American country’s aircraft import taxes of nearly 35 percent. (Source: Brazil Receita Federal)