BRAZIL - ANAPP, the National Association of Private Social Security in Brazil, is lobbying the government to have private pension funds included under newly introduced legislation that removed the former tax on the movement of investments.
Previously in Brazil, investors and funds were taxed 0.38% under the Contribuicao Provisoriasobre Movimentacao Financeira (CPMF) when moving money from one fund to another. Under the new investm...
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