Brazil: Court denies oil companies’ request against export tax

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The 16th Lower Federal Court in Rio de Janeiro denied a joint request from large oil and energy companies such as Shell, Equinor, and TotalEnergies against the Oil Export Tax, recreated by Lula’s government in Provisional Measure (MP) 1163/2023, of February 28.

With this MP, the government started charging PIS/Pasep and Cofins taxes on some fuels again.

The oil companies intended not to be subjected to the tax, whose rate is . . .

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