03-September-2026
Economy News
 
Brazil's Congress Approves Tax Exemptions to Attract Data Center Investments
02-Sep-2026

Brazil's Congress on Tuesday approved a bill exempting data-center-related equipment from federal taxes, part of the government's plan to lure such projects to the country. The Senate approved the bill on Tuesday, following a previous greenlight from the lower house; the text now heads to President Luiz Inacio Lula da Silva for ratification The bill exempts key federal taxes - PIS, Cofins, IPI, and import duties - on IT-related capital expenditures for the sector, such as on servers and refrigeration

News Source:- https://money.usnews.com/investing/news/articles/2026-09-01/brazils-congress-approves-tax-exemptions-to-attract-data-center-investments