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Back to state act
Description
On 19 November 2011, the Brazilian Ministry of Finance raised afinancial operations tax, also known as the IOF, of 1.5% on the issuanceof overseas depositary receipts (DR) linked to Brazilian companie...
Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
19 Nov 2011
Revocation date
18 Dec 2013
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Sectors
Affected Products
See all
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