World Business News

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Brazil 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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