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Brazil: Tax relief on imported machinery and materials for use in the FIFA World Cup of 2014

Description

On 15 July 2011, the Internal Revenue Service of Brazil (Receita Federal) published Decree No. 7.525 on the special tax relief programme entitled RECOPA (Regime Especial de Tributaçăo para Construçăo,...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Jun 2011

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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