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”