All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

Brazil Has No Plans To Repeal Derivatives Tax

Brazil’s Ministry of Finance has no plans to repeal or make changes to its recently imposed tax on derivatives despite criticism by Aldo Mendes, policy director of the country’s central bank, that it was inefficient and gives the market the wrong incentives.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree