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Brazil: Government modifies the fiscal benefit associated to the REINTEGRA regime

Description

According to Decree 8,415 enacted by the Brazilian Executive, the tax-based export incentives have been reduced to a fixed 1% starting March 1, 2015. Previously, the regime contemplated variable value...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

27 Feb 2015

Revocation date

30 Nov 2015

Implementation level

National

Affected flow

Outward subsidy

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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