Brazil Loses R$ 136 Billion Per Year Due to Tax Evasion Because of Unmonitored Borders; Smuggling and Crime Keep Rising, Warns Febrafite

Written by Rafaela Fabris

Published on 13/11/2024 at 13:17

R$ 136 bilhões perdidos: Brasil é alvo fácil por falta de fiscalização nas fronteiras (Imagem: Reprodução)

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Brazil loses annually US$ 136 billion due to tax evasion caused by lack of border enforcement, according to a warning from the president of the National Association of Estate Tax Auditors (Febrafite), Rodrigo Spada.

The issue was discussed on the Gente Jornal of Rádio Bandeirantes this Wednesday (13), focusing on the fragility of the Federal Revenue Service’s workforce, which, according to Spada, is insufficient to combat the entry of illegal products into Brazil.

The president of Febrafite highlighted that the lack of border enforcement facilitates smuggling, especially of products like cigarettes, which enters Brazil mainly through the land border with Paraguay.

The high tax burden on consumption was also pointed out by Spada as a factor that exacerbates the problem, encouraging smuggling and, consequently, harming tax collection and Brazilian society.

ARTICLE CONTINUES BELOW

Country Needs Greater Investments in Border Enforcement

Sousa reinforced the need for greater investments in border enforcement, including the hiring of more auditors, and highlighted that the resources from the Special Fund for the Development and Improvement of Enforcement Activities, as provided by the Constitution, have not been allocated correctly to the Federal Revenue Service for years.

The series “Challenges for Security at the Borders,” which consists of four episodes, began to be aired this Monday (11) on Jornal da Band.

The coverage features experts and representatives of enforcement entities, who point out the deficiencies at Brazil’s borders and discuss the urgent need for investments and changes in legislation to improve tax control and combat the tax evasion that so impacts the country.

For Febrafite, the solution involves increasing the resources allocated to the Federal Revenue Service and creating policies that prioritize border enforcement, enabling a fairer and more efficient tax collection for Brazil.

Brazil Loses R$ 136 Billion Per Year Due to Tax Evasion Because of Unmonitored Borders; Smuggling and Crime Keep Rising, Warns Febrafite

Brazil loses annually US$ 136 billion due to tax evasion caused by lack of border enforcement, according to a warning from the president of the National Association of Estate Tax Auditors (Febrafite), Rodrigo Spada.

Country Needs Greater Investments in Border Enforcement

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Brazil Loses R$ 136 Billion Per Year Due to Tax Evasion Because of Unmonitored Borders; Smuggling and Crime Keep Rising, Warns Febrafite

Brazil loses annually US$ 136 billion due to tax evasion caused by lack of border enforcement, according to a warning from the president of the National Association of Estate Tax Auditors (Febrafite), Rodrigo Spada.

Country Needs Greater Investments in Border Enforcement

Seven world powers including the US, China, and Russia are spending €22 billion on a reactor in the south of France that aims to confine plasma at 150 million degrees Celsius, ten times the temperature of the Sun’s core, using a magnetic field capable of lifting an entire aircraft carrier.

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While Brazil has been discussing bullet trains for 16 years, China delivers 5 new high-speed lines in 2026, surpasses 50,000 km of HSR, and moves 1 billion passengers in a single year.

With a wingspan of 152 meters, 76 tires, and a capacity to carry 1,270 tons, the Boeing Pelican was the giant “flying ship” that promised to cross oceans close to the water on an invisible air cushion beneath its wings.

While countries spend billions to draw water from the sea, a Nobel-winning scientist creates a container-sized machine that extracts up to 1,000 liters per day from dry air and uses ultrasound to release water in minutes, even in the middle of the desert.

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