832.5151/1407: Telegram

The Ambassador in Brazil (Caffery) to the Secretary of State

210. Reference my telegram No. 204, June 30, 3 p.m. A decree promulgated July 3 reduces the tax on exchange remittances for payment of other than import bills from 10 to 5 percent. Hereafter all remittances will be subject to a uniform tax of 5 percent.