December 2, 2013 / 7:24 PM / 4 years ago

Vale tax deal to cost 1 pct of annual revenue for 15 years

1 Min Read

SAO PAULO, Dec 2 (Reuters) - Vale SA's tax settlement with the Brazilian government will cost the world's No. 1 iron ore producer the equivalent of 1 percent of annual revenue for the next 15 years, executives said on a conference call on Monday.

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