Infrastructure Debenture Regulations Published
The Brazilian Government has published a decree which many see as the first concrete step by the new government to encourage both domestic and international investment in infrastructure.
Decree n° 7.603, published in the Official Federal Gazette on November 10, regulates the measures for investor companies with infrastructure projects that intend issuing debentures within the special tax system created in December last year.
Under the system, individuals and foreign investors who apply for...
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