Home Business Facing losses in Brazil, GM turns to Sao Paulo state for tax...

Facing losses in Brazil, GM turns to Sao Paulo state for tax breaks

291
0

General Motors Co’s Brazil unit is in advanced talks with Sao Paulo state to receive tax incentives, the company told public officials and union representatives at a meeting on Tuesday, a few days after it said in a memo to workers that it was losing money in Brazil.

LEAVE A REPLY

Please enter your comment!
Please enter your name here