US EditionPart of the Billing of Foreign-Reduced Big Techs Increases 323%, While Transmission Tax Falls 73%
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Big tech companies operating in Brazil have significantly increased the volume of revenue remitted to their countries of origin over the last decade. From 2014 to 2024, the share of revenue transferred abroad rose from 17.12% to 55.66%—an increase of 323%. The peak was recorded in 2023, when remittances represented 61.87% of total revenue. This information comes from Patrícia Campos Mello of Folha de S.Paulo. In nominal terms, the outflow of fun…
Data include Amazon Billing, Recovery and Transmission (including AWS), Apple, Facebook, Google, Google Cloud, Microsoft and NVidia in Brazil
Folha de S.Paulo
UOLThe big techs almost quadrupled the part of the billing in Brazil that they sent to the outside between 2014 and 2024, while the burden of taxes on shipments fell 73% per hour. Read more (12/06/2025
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