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Brazil reinstates 1.5 pct tax on BNDES credit operations

Discussion in 'Market News' started by Lily, Sep 1, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    BRASILIA, Sept 1 (Reuters) - The Brazilian government will charge a 1.5 percent financial transaction tax, known as IOF, on loans from state development bank BNDES to collect an extra 3 billion reais...
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