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5 results for “fuel tax cut”
PROPolitics• Sep 10
Brazil Government Claims Windfall Oil Revenue Secures Fiscal Space for Fuel Tax Cuts
Lula’s administration cuts federal PIS/Cofins fuel taxes and boosts diesel subsidies, assuring investors the cost is offset by oil export revenues.
PROMarkets• Sep 09
Lula’s R$7 Billion Fuel Tax Cut Stokes Fiscal Risk Ahead of Brazil Presidential Election
Brazil's President Lula approved a massive fuel tax cut and subsidy program, costing R$7 billion monthly, which heightens fiscal risks.
PROPolitics• Aug 14
Brazil Congress Approves Sweeping Fuel Tax Relief, Linking Fiscal Health to Oil Windfall
Brazil's legislature approved a major fuel tax cut, offsetting revenue loss with increased oil royalties to fight inflation.
PROAgro• Aug 14
Brazil Congress Approves Fuel Tax Cut, Guarantees Zero Federal Tax and $231 Million Subsidy for Ethanol
Brazilian lawmakers approved a bill to cut federal fuel taxes while mandating subsidies and tax parity rules to protect the domestic ethanol sector.
Politics• Aug 13
Brazil Congress Passes Fuel Tax Cut Bill Riddled With R$600 Million in Industry Tax Breaks
Brazil's Congress passed a major fuel tax cut bill, but only after adding multiple unrelated tax breaks, known as jabutis.