Global Trade Alert
Global Trade Alert

Brazil: Local production-related tax exemption applicable to automobile products

Announcement

17 May 2013

In May 2013, the government of Brazil announced a targeted tax change.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

17 May 2013

Revocation date:

No revocation date

Tax or social insurance relief In force

On 17 May 17 2013, the Government of Brazil renewed, by Decree 8.015/13, the INOVAR AUTO program. Under this program, the government raises the Industrial Production Tax (IPI) by 30 percentage points ...

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