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Brazil: New set of benefits for car producers under program INOVAR AUTO

Description

On May 17, 2013, The Government of Brazil renewed, by Decree 8.015/13, the INOVAR AUTO program. Created by Decree 7,819/12, this program grants a 30% tax exemption on the Industrial Production Tax (IP...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

17 May 2013

Revocation date

17 May 2017

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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