ANNOUNCEMENT 10 Oct 2012

In October 2012, the government of Brazil announced a change to the import-specific domestic duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Provisional Measure No. 584 (in Portuguese), http://www.planalto.gov.br/ccivil_03/_Ato2011-2014/2012/Mpv/584.htmimpressao.htm
Ernst & Young Trade Watch (in English), http://www.ey.com/Publication/vwLUAssets/TradeWatch_December_2012/$FILE/Trade_Watch.pdf


Inception date: 10 Oct 2012 | Removal date: open ended

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. 

AFFECTED SECTORS

 
384

AFFECTED PRODUCTS

 
950629 950651 950662 950669 950670 950691 950699