Brussels, 30/09/2015 (Agence Europe) - Like the EU in December 2014, Japan obtained the establishment of a WTO dispute settlement panel on Monday 28 September to examine its complaint against Brazil's tax regime - which favours Brazilian industry (DS 497).
Japan, like the EU, is targeting selective tax exemptions or reductions granted by Brazil which favour the Brazilian domestic industry and which, in Tokyo's opinion, have “serious trade-restrictive effects” on a wide range of products...