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Home BRAZIL USA TRADE NEWS

Agribusiness firms suspected of using public funds to influence politics

by Gias
September 24, 2021
in BRAZIL USA TRADE NEWS
1 min read
0
Agribusiness firms suspected of using public funds to influence politics
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Sep 24, 2021 10:17 4 min learn

Brazilian agribusiness organizations and main rural producers have discovered a approach to reclaim a portion of the cash spent on taxes, funneling it again into their coffers. And these funds, totaling a whole lot of hundreds of thousands of Brazilian Reais, occur to be beneath investigation amid suspicions they’ve been used to finance political actions — together with the pro-Bolsonaro anti-democratic marches seen on September 7.

The follow — which includes firms offsetting tax payments by contributing to state funds that are then invested again into the exact same companies — started within the state of Mato Grosso, within the coronary heart of Brazil’s…

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Tags: AgribusinessFirmsFundsinfluencepoliticspublicSuspected
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