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Brazil: Local content tax incentives for automotive industry

Description

Decree no. 7567/2011 of September 15, 2011, lowers the industrial tax rate (Imposto sobre Productos Industrializados) by about 5.5 per cent on certain items in the automotive industry, providing that...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

16 Sep 2011

Revocation date

15 Dec 2012

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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