Global Trade Alert
Global Trade Alert

Brazil: Elimination of foreign investment tax

Announcement

04 Jun 2013

In June 2013, the government of Brazil announced altered domestic business conditions for foreign investors.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

05 Jun 2013

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On June 4, 2013, Brazil's Finance minister, Mr. Guido Mantega, announced the elimination of the country's foreign investment tax (Imposto sobre Operaçőes Financeiras, IOF) on fixed income funds, which...

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