Announcement
19 Oct 2009
In October 2009, the government of Brazil announced a rule change for commercial cross-border financial flows.
Source
Sign in to access
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 Oct 2009
Revocation date:
19 May 2013
Updated: 19 Oct 2009
Controls on commercial transactions and investment instruments
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...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.