ANNOUNCED AS TEMPORARYYes
Tax or social insurance relief
Reduction of contribution rates of Social Integration Program Contribution and Contribution for Social Security Financing (PIS/COFINS), from 9.25% to 1%, that benefitted companies under the chemical industry programs pertaining to the Special Regime of the Chemical Industries, or Regime Especial da Industria Quimica (REIQ) in Portuguese. This law was originally planned to be a provisional measure, lasting 6 months.
On 10 September 2013, this measure was made permanent through Law 12.859.
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