Brazilian tax, police and aviation authorities joined forces to seize nine business jets last week, and they have targeted 13 more aircraft. According to officials, Brazilians allegedly own and use the jets but registered them overseas to avoid Brazilian state and federal import taxes of nearly 35 percent. Foreign-registered airplanes can remain in Brazil for up to 60 days without paying import duties.
DAESP
October 25, 2011 - 3:19pm
Brazil is moving forward to privatize airport terminals to handle the anticipated 25-percent annual growth in commercial aviation, as well as traffic increases expected for the 2014 soccer World Cup and 2016 Olympics.As it gathers bids for these privatization efforts, it is now turning its attention to increasing business aviation capacity, with plans proposed for airports catering to private jets on opposite sides of São Paulo, the largest c
