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Weekly Report - 01 April 2015 (WR-15-13)

BRAZIL: Another multi-billion dollar scandal

It is income tax season in Brazil at present, with personal declarations due by 30 April. A bad time, then, for a multi-billion dollar scandal to break in which federal police claim to have uncovered evidence that members of the finance ministry’s tax appeals’ board participated in a fraudulent scheme that may have deprived the nation’s coffers of up to R$19bn (US$6bn).

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