Brazil to end tax breaks, reduce stimulus-report

Newswire

SAO PAULO, Jan 29 (Reuters) - Brazil's government has no plans to renew tax breaks that have helped automakers and home appliances manufacturers boost sales as there is no need for the additional stimulus, O Estado de S. Paulo said on Friday, citing comments from Finance Minister Guido Mantega. A reduction on industrial taxes on refrigerators, stoves and washing machines will end this weekend, already a sign of the government's exit strategy on several measures taken last year to lift the ...

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