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Brazil: Temporary tax cuts to boost sales

The Brazilian government has unveiled a new round of temporary tax cuts in order to stimulate its struggling automotive industry, as well as other industries. In all, the newly announced tax cuts are worth US$1bn. Reuters, citing Brazil's Finance Minister Guido Mantega, said these measures should help revive the country's economy Subscribe to Automotive World … Continued

The Brazilian government has unveiled a new round of temporary tax cuts in order to stimulate its struggling automotive industry, as well as other industries. In all, the newly announced tax cuts are worth US$1bn.

Reuters, citing Brazil's Finance Minister Guido Mantega, said these measures should help revive the country's economy

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https://www.automotiveworld.com/articles/93892-brazil-govt-launches-temporary-tax-cuts-to-boost-sales/

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