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Brazil Eliminates IOF for FIIs

Feb 1, 2013

Brazil’s government has exempted foreign investors from the IOF tax on purchases of shares in Fundo de Investimento Imobiliario (FII) real estate funds, it says. The...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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