Reuters: US Dollar Report: Brazil scraps IOF tax for fixed income investments

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Brazil scraps IOF tax for fixed income investments Jun 4th 2013, 22:17 BRASILIA, June 4 | Tue Jun 4, 2013 6:17pm EDT BRASILIA, June 4 (Reuters) - Brazil will scrap a tax on inflows of investment capital destined for investments in fixed income assets like bonds, Finance Minister Guido Mantega said on Tuesday, due to a an expected reduction in international liquidity.

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