Brazil may make further cuts to
payroll taxes and the financial-operations tax on consumer loans
to boost economic growth next year, Finance Minister Guido Mantega told O Globo in an interview.
Latin America’s largest economy needs to keep cutting taxes
to improve its competitiveness, the minister said, according to
Brazil cut the so-called IOF tax on consumer loans to 2.5
percent from 3 percent on Dec. 1.
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