Announcement
28 Jan 2016
The Brazilian Government created the RECOF-SPED special program that allows beneficiary companies to import and purchase raw materials in the local market, as well as to process/manufacture and export them without collecting taxes on any of these stages.
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
26 Jan 2016
Revocation date:
No revocation date
Updated: 28 Jan 2016
Import tariff
In force
Normative Instruction 1612 adopted by the Ministry of Treasury of Brazil on 26 January 2016, also allows beneficiary companies to import duty-free raw materials, parts and components, to later expo...
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Implementation date
26 Jan 2016
Revocation date:
No revocation date
Updated: 28 Jan 2016
Tax-based export incentive
In force
On 26 January 2016, the Ministry of Treasury of Brazil issued Normative Instruction 1612 announcing the RECOF-SPED program. This regime, similar to the RECOF program, allows the beneficiary to impo...
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