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IOF TAX

Brazil steps up 'currency war' , pleads ceasefire
Brazil stepped up efforts to curb gains in the real by raising inflow taxes and said it may be forced to take additional measures as Guido ...
20 Oct, 2010, 09.36 AM IST
Brazil steps up ‘currency war’, pleads ceasefire
Brazil, Latin America’s largest economy, raised the so-called IOF tax on foreigners’ investments in fixed-income securities to 6% from 4%.
20 Oct, 2010, 06.50 AM IST

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