ANNOUNCEMENT 01 Dec 2011In December 2011, the government of Brazil announced altered domestic business conditions for foreign investors.
NUMBER OF INTERVENTIONS
Presidential Decree 7.632: http://www.planalto.gov.br/ccivil_03/_Ato2011-2014/2011/Decreto/D7632.htm
On 1 December 2011, Brazil repealed the tax on financial transactions for certain types of foreign investments. Among others, the following transactions are no longer subject to taxes: