Brazil has published Decree No. 9.393 of 30 May 2018 in the Official Gazette, which amends Decree No 8.543 of 27 February 2015 with regard to the maximum tax relief (refund) under the REINTEGRA regime for exporters. In particular, the Decree is amended to provide that maximum relief is equal to:

• 0.1% from 1 December 2015 to 31 December 2016;
• 2.0% from 1 January 2017 to 31 May 2018; and
• 0.1% f…