Archive for November 5th, 2009
How will Foreign Investment Tax Affect the Real? – 960th Edition
On October 20, the executive office of the government of Brazil enacted an emergency measure, calling for a 2% tax on on all foreign capital inflows. And with one foul swoop, this year’s 35% rise in the Real had come to an end, right?
The tax certainly took investors by surprise, lasix side effects with [...]
