Brazil Court Halts Tax Break Cuts for Deforestation-Free Soy Farms

Reported about 18 hours ago

A Brazilian top court justice has suspended a law from Mato Grosso that aimed to eliminate tax breaks for companies committed to not sourcing soy from deforested areas of the Amazon. The court's decision comes as it prepares for a final ruling on the legality of the law, which was seen as potentially violating free enterprise principles and misusing tax regulations. The Mato Grosso governor announced plans to appeal the decision.

Source: YAHOO

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