News

Brazil: group asks for tax change as wet blue value shrinks

07/01/2011

A group representing the rural economy in Brazil has asked the government to lift export taxes on wet blue hides from the South American country. Wet blue exports have carried a 9% taxation levy since 2000 and the group, called CNA, has argued that the measure has reduced the value of Brazilian wet blue from 11% of the value of a cow to 1.5% over...

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