Tag: Luiz Inacio Lula da Silva
-
Brazilian Lawmakers Give Nod To Foreign Investor Tax Cut
The Brazilian Lawmakers in the Senate have rubber stamped an executive decree which will remove capital gains tax for foreign investors in domestic government bonds. The law, due to be signed by next week by President Luiz Inacio Lula da Silva, will mean that foreign investors are exempt from the 15% tax. The law will…