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Brazil Publishes Effective Dates for the Increase in PIS/COFINS on Imports and the Increase in PIS/COFINS and CIDE tax on Fuel

|Approved Changes|Brazil
Brazil

Brazil has recently published Decree 8,395/2015 and Provisional Measure 668/2015 which set effective dates for tax rate increases announced 19 January 2015.

PIS/COFINS and CIDE tax on Fuel

According to Decree 8,395/2015, CIDE is reapplied for certain fuels from 1 May 2015. It was already announced that PIS/COFINS applies from 1 February 2015. The rates are as follows:

  • Gasoline  - …

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