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Published on Monday, October 6, 2014 | Updated on Monday, October 6, 2014

Brazil elections: tight run-off between Rousseff and Neves ahead

In Colombia, the Ministry of Finance unveiled its recently announced tax reform to Congress. The tax reform extends the current wealth tax and financial transactions tax for four more years. The Ministry also proposes to amend the income tax for companies with annual profits of more than USD500,000 taking the income tax rate of from 34% today to 37%.