In recent years, venture capitalists have only dipped their toes in Brazil, where high taxes, government bureaucracy and an abundance of required vacation time make the country an expensive place for startups. Now, two venture firms are diving in, deciding...
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Photograph by Martin Adolfsson/Gallery Stock
Companies in Brazil pay 67 percent of their profit in taxes, versus 47 percent in the U.S., 62 percent in India and 64 percent in China.
Venture Capital Firms Jump Into Brazil After Years of Testing Water
