Recent Developments regarding the Tax on Financial Transactions

Journal
Macorin Carramaschi, B.; Alves Amaral Batista, D.
Brazil
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 2011 (Volume 13), No. 2
PriceUSD 45

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.