Brazil to Launch Data Center Incentives Next Month to Attract Big Tech Companies, Sources Say

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According to sources familiar with the matter, Brazil is set to introduce a tax incentive program at the beginning of September with the goal of enticing foreign technology companies to establish data centers within the country. The move comes amidst pressure from US President Donald Trump, who has tied tariffs to issues related to Brazilian politics, particularly the trial of former President Jair Bolsonaro. Trump has also raised concerns about the regulation of American tech firms, pointing to alleged censorship on social media platforms. The sources, who chose to remain anonymous due to the sensitivity of the information, disclosed that the Brazilian government aims to bolster its tech sector through these forthcoming incentives.

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