ANNOUNCEMENT 16 May 2013

In May 2013, the government of Brazil announced a change in the tax legislation for exporters.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Ministry of Development, Industry, and Trade (MDIC), 17 May 2013 (in Portuguese): http://www.mdic.gov.br/sitio/interna/noticia.php?area=5¬icia=12405

Decree 8.010 of 16 May 2013, published in Official Gazette of 17 May 2013 (in Portuguese): http://www.planalto.gov.br/ccivil_03/_Ato2011-2014/2013/Decreto/D8010.htm


Inception date: 17 May 2013 | Removal date: open ended

Tax-based export incentive

On 16 May 2013, the Ministry of Foreign Trade adopted Decree 8.010 introducing drawbacks on domestically produced goods for export which are based on imported oil (or oil derivatives), such as plastic and other chemical products. The Decree suspends the import duty, tax on industrialized goods (IPI), PIS/Pasep, Cofins, PIS/Pasep-Import, and Cofins-Import. The measure took effect on 17 May 2013.

AFFECTED SECTORS

 
347 363 364 369 392

AFFECTED PRODUCTS

 
390110 390120 390130 390190 390210 390220 390230 390290 390311 390319 390390 390410 390421 390422 390519 390521 390529 390690 390720 390730 390740 390760 390791 390799 390810 390890 390910 390930 390940 390950 391000 391110 391190 391220 391231 391239 391290 391590 391620 391710 391721 391723 391729 391731 391732 391733 391739 391740 391910 391990 392010 392020 392030 392043 392049 392051 392061 392062 392079 392091 392099 392112 392113 392119 392190 392290 392310 392321 392329 392330 392350 392390 392410 392490 392510 392590 392630 392690
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