World Business News
A round up of the latest news for those doing business internationallyBrazil offers tax relief to spur initial public offerings
Zone(s): Brazil ¦ Sector(s): Taxation, IPOs
[19 June 2014, Tax-News.com] By Mike Godfrey, Tax-News.com, Washington: Brazilian Finance Minister Guido Mantega announced on June 16, 2014, that investments in the initial public offerings (IPOs) of smaller companies will be exempt from the 15 percent capital gains tax.
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