Tag: Rubens Bueno

• Friday, April 4th 2014 - 07:35 UTC

  Brazilian congress strikes down new taxes on the domestic soy market

  

  Brazil's Congress struck down this week a proposal to impose new taxes on the internal soy market after fierce opposition from the country's agricultural sector. An amendment to apply a tax known as PIS/Cofins on soybean sales to some domestic buyers had been removed from a bill to simplify taxation of Brazilian companies abroad that was passed by the lower chamber late on Tuesday.