Announcement
07 May 2015
On 7 May 2013, the Brazilian government created a new set of tax rules for specific Brazilian Chemical sectors under the "Special Regime of the Chemical Industries" (REIQ). While initially announced as a temporary measure, the relief was subsequently made permanent in September 2013.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
07 May 2013
Revocation date:
No revocation date
Updated: 07 May 2015
Tax or social insurance relief
In force
Reduction of contribution rates of Social Integration Program Contribution and Contribution for Social Security Financing (PIS/COFINS), from 9.25% to 1%, that benefitted companies under the chemica...
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