ANNOUNCED AS TEMPORARYNo
Internal taxation of imports
On 10 October 2012, the Brazilian government announced in the Provisional Measure No. 584 that imported foreign goods for use or consumption in the Olympic and Paralympic games of 2016 such as trophies and medals would be exempted from VAT, social contributions (PIS/COFINS), contributions of intervention on economic domain (CIDE) and other fees related to customs clearance.
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