EU STARTS WTO TALKS WITH BRAZIL OVER TAX DISCRIMINATION CLAIMS
December 4th, 2013
THE EUROPEAN Union (EU) has launched formal talks at the World Trade Organisation (WTO) with Brazil over claims it imposes discriminatory taxes helping the Brazilian automotive and electronics sector. Brussels claims these companies are benefiting from unfair and illegal advantages by taxing them at special low rates when they operate in Brazilian free trade zones. If talks fail, a WTO disputes panel could adjudicate on whether these taxes break global trade agreements. *http://www.wto.org/english/tratop_e/dispu_e/dispu_current_status_e.htm
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.