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Tax Income Increases from Small and Medium-Sized Companies

By Sarah Brown, contributing reporter

RIO DE JANEIRO, BRAZIL - It is the small to medium-sized companies that are gaining the bigger profits in Brazil against last year’s figures, according to the Internal Revenue Sector. They state that the low growth of federal revenues in the first semester is linked to the performance of the bigger companies mainly in the financial sector, with a rise of just 0.28 percent above official inflation from the IPC (Consumer Price Index).

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