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Vale releases tax transparency report

Vale S.A. issued (30-Jul-2020) it's first tax transparency report on 30-Jul-2020. The report highlighted USD4.5 billion in paid taxes and royalties globally, with approximately 90% to USD4.2 billion paid in Brazil. Vale advised: "It includes information about corporate income taxes, tax on mining, payroll taxes, tax on products and services and other taxes, providing data on the taxes paid in Brazil, Canada, Indonesia, Mozambique and New Caledonia". [more - original PR]

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