Through its International Trade Chamber (CAMEX), the Brazilian government has released new resolutions reducing the import tax rates of 217 different types of industrial equipments and machinery not produced nationally. As an attempt to promote domestic industrial and production growth, capital goods such as engines, pumps and machines, and several products for the ITC sectorContinueContinue reading “Brazilian import tax reduction for ITC and industrial equipment and machinery”
Category Archives: Foreign Trade
Special customs regime for the Oil & Gas industry in Brazil
The special Brazilian customs regime REPETRO allows companies to import specific equipments to be used in research and exploitation of oil and natural gas fields, with the exemption of federal taxes such as the following: II – Import tax; IPI – Excise tax; PIS – Contribution to the social inclusion program; COFINS – Contribution toContinueContinue reading “Special customs regime for the Oil & Gas industry in Brazil”
Aldeota Global 