Court suspends oil export tax: “evasion of the Legislature”
Empresas de petróleo e gás obtiveram uma decisão judicial que impede o Governo de continuar cobrando o imposto de 12% sobre exportações de petróleo aprovado em junho pela Câmara de Comércio Exterior (Camex). A taxação havia sido estabelecida originalmente por meio de uma Medida Provisória em março. Após a MP caducar sem votação no Congresso, […] The post Justiça suspende imposto de exportação de…
A court in Brazil has ruled that the government cannot impose a 12% tax on oil exports, reversing a decision made by the Foreign Trade Chamber (Camex) in June. The tax was initially introduced through a provisional measure in March, but was not voted on by Congress and had expired. The judge, Diego Câmara, stated that the government could not use Camex to revive the effects of a provisional measure that was not approved by Congress.
The ruling was made in response to an action filed by the Brazilian Association of Oil and Gas Exploration and Production Companies, represented by Bichara Advogados. The tax suspension applies to all companies affiliated with the association.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
