Economics
Brazil’s Massive Tax Code May Face Moment of Reckoning
Local companies spend almost 2,000 hours a year preparing their returns, and must adhere to 41,266 pages of rules.
Attorney Vinicios Leoncio sits atop Brazil’s tax code.
Photographer: Philipe MartinsThis article is for subscribers only.
At 7.5 tons, it’s heavier than an African elephant.
At more than 7 feet, it’s taller than LeBron James.