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São Paulo reverses course, cancels tax over food production

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The São Paulo government decided Thursday to cancel the increase in sales tax ICMS over "everything that affects food production," including the use of rural electricity and higher rates over milk, meat, fruit, vegetables and agricultural inputs, State Secretary of Agriculture and Supply Gustavo Diniz Junqueira told Valor. According to him, the decision will be published in the next few days in the Official Gazette. The decision was taken after rural producers' protests in hundreds of municipalities. But according to the secretary, the government reversed course to "avoid...

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