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Brazil: New set of measures to promote the production of ethanol

Description

On 23 April 2013, the Government of Brazil announced the elimination of the PIS/Cofins tax for ethanol producers. The objective of the measure is to promote investments in ethanol. For this, additiona...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 May 2013

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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Affected Products

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