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Description
On 19th October 2009, Brazil imposed a 2% financial transactions tax (IOF) on foreign capital entering the country for investment in equities and fixed-income instruments (Decree n° 6,983, published o...
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Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
20 Oct 2009
Revocation date
19 May 2013
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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