Brazilian states sue government over tax cuts ...Middle East

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Brazilian states sue government over tax cuts
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A group of Brazilian states has filed a lawsuit with the Supreme Court to overturn a law recently approved by Congress that caps the rate of the ICMS state tax on gasoline, electricity, telecommunications and public transportation at around 17%. In the lawsuit, 11 states, plus Brazil's federal district, allege that the law represents an unprecedented intervention by the federal government.

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