Export tax reduction “just the start”
22/07/2008
The state authorities in Brazil’s main leather-producing region, Rio Grande do Sul, have announced a reduction in the export tax that tanners there will have to pay.The tax, known as ICMS, will decrease from 17% to 12%.The president of AICSul, the main industry body in the state, Francisco Gomes, said on hearing the news that the amount of capital ...
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