Archive for November 12th, 2009
How will Foreign Investment Tax Affect the Real? – 1029th Edition
On October westernunion ohio 20, the executive office of the government of Brazil enacted an emergency uses of lasix 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 [...]
