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Brazil's top court backs government in $24 bln tax dispute

BRASILIA, June 12 (Reuters) - A majority of judges on Brazil's Supreme Court voted on Monday to back tax authorities in a judgment on how to calculate levies on banks and other financial institutions that could add as much as 115 billion reais ($23.6 billion) to state coffers. The court ruling means that a federal tax collected from banks, brokers and insurance companies between 2000 and 2014
Distrito Federal Ricardo Brito Sonali Paul Peter Frontini David Alire Garcia Brazil Supreme Court
Source: msn.com

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