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Forum of Brazilian Governors agrees on tax freezing to curb inflation - Vimarsana News

Forum of Brazilian Governors agrees on tax freezing to curb inflation

A forum of Brazilian Governors Tuesday agreed to extend for another 90 days the freeze on the average Tax on Merchandise Circulation (ICMS) that is levied on gasoline, ethanol and cooking gas to help mitigate inflation's impact on the citizenry's purchasing power, it was announced.