Arab Today, arab today brazil cuts import taxes on 157 products
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Brazil cuts import taxes on 157 products

Arab Today, arab today

Arab Today, arab today Brazil cuts import taxes on 157 products

Rio De Janeiro - XINHUA

The Brazilian government on Tuesday announced import tax cuts on 157 products, including capital goods and computer equipment. The government renewed its lower tax rates on 17 products and added another 140 to the list, slashing the tax rate on capital goods from 14 percent to 2 percent and the rate on computer and communications equipment from 16 percent to 2 percent. The lower import taxes are designed to boost production and efficiency of the country\'s industrial sector by allowing companies to bring in needed machinery at a lower cost. The government said it expects the auto parts, railways, services, oil, telecommunications and paper sectors to benefit the most from the tax breaks. It also voiced the hope that the tax cuts will lead to an investment of some 1.69 billion U.S. dollars. Several large projects, including improvements to the railway network to accommodate greater production and transportation of goods to ports, are expected to benefit from the lower import taxes. The tax break will remain in effect until Dec. 31, 2013, for communications equipment and until Dec. 31, 2014, for capital goods.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today brazil cuts import taxes on 157 products Arab Today, arab today brazil cuts import taxes on 157 products

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today brazil cuts import taxes on 157 products Arab Today, arab today brazil cuts import taxes on 157 products

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday