News

Brazil applies VAT to domestic hide trade

12/11/2009

Brazil's federal finance ministry has announced that value added tax will apply to domestic shipments of bovine hides from November 12. Each kilo of salted hides will carry a value added tax levy of around 75 US cents.

To continue reading this story, please sign in or register.

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.