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View Full Version : Brazil May Resume Tax on Foreign Capital Inflows, Valor Says - Bloomberg



NewsWhore
05-29-2009, 10:20 AM
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Brazil May Resume Tax on Foreign Capital Inflows, Valor Says (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da01An7tiqQu4%26refer%3Dlatin_america&cid=1250685127&ei=mPEfSrn0L86jkAWhhZi4CA&usg=AFQjCNFJebVMO8FQhk-zbA4u7ihrmwt16A)
Bloomberg
The levy, known as IOF, would be 1.5 percent, and would be charged as the cash came into Brazil to pay for purchases of local-currency bonds and other fixed-income investments, the Sao Paulo-based newspaper said. Spokespeople at Brazil&#39;s Finance ...


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