ANNOUNCEMENT 01 Jan 2015

In January 2015, the government of Brazil announced a change in the tax legislation for exporters.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Minist?rio da Fazenda. (2014). Mantega anuncia novas medidas de incentivo ? ind?stria. Available at http://www.fazenda.gov.br/divulgacao/noticias/2014-1/setembro/mantega-anuncia-novas-medidas-de-incentivo-a-industria

Dailymail. (2014). Brazil extends tax breaks for manufacturers ahead of election. Available at http://www.dailymail.co.uk/wires/reuters/article-2757125/Brazil-extends-tax-breaks-manufacturers-ahead-election.html?printingPage=true


Inception date: 01 Jan 2015 | Removal date: open ended
Still in force

Tax-based export incentive

On 16 September 2014, the Brazilian finance minister Guido Mantega announced that all exporting manufacturing companies will get a special tax refund, equal to 3% of the total value of their export, in 2015.
 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A