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NewsWhore
03-01-2012, 07:00 AM
Brazil Broadens Scope of Foreign Capital Tax in Bid to Stem Currency Rally (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEePoQrgr6OsHGMe07jeyKn1ye_Mw&url=http://www.bloomberg.com/news/2012-03-01/brazil-broadens-scope-of-foreign-capital-tax-in-bid-to-stem-currency-rally.html)
Bloomberg
Brazil will tax foreign loans and bonds by local companies that mature in three years or less, escalating an effort to stem a rally in the real, the world's best performing major currency. The 6 percent tax takes effect immediately, according to a ...

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