Samarco’s pellet expansion to benefit from targeted import tax cuts in Brazil
Dec 14, 2011 | 10:40 AM
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Brazilian miner Samarco’s output expansion project will benefit from a tax cut implemented by the country’s government on the imports of some capital, computer and telecommunications equipment.
Equipment with “restricted specifications” will have their import taxes reduced to 2% until December 31 next year, down from 14% in the case of capital goods and 16%....
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