Brazil - Recent Developments regarding the Tax on Financial Transactions
- B. Macorin Carramaschi; D. Alves Amaral Batista
- Derivatives & Financial Instruments, 2011 (Volume 13), No 2
- 3 March 2011
The Brazilian government has enacted three decrees amending the regulations governing the levy of tax on financial transactions. All of these decrees affect foreign investments to be made in the Brazilian financial and capital markets.