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From Volkswagen to Bunge, concession holders in Brazil face hefty bill

BRASILIA (Reuters) - Companies from Brazilian state oil company Petróleo Brasileiro SA to commodities giant Louis Dreyfus Company and German car giant Volkswagen AG could face hefty bills after Brazil's Supreme Court this month allowed local governments to charge property taxes to operators of public concessions.

From Volkswagen to Bunge, concession holders in Brazil face hefty bill
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