- Brazil has imposed new export taxes: 12% on crude oil and 50% on diesel fuel, effective 12 March 2026.
- The taxes are implemented through Provisional Measure No. 1,340 and managed via the DU-E platform.
- Exporters must calculate the tax based on the value at the place of shipment and use the previous day’s exchange rate.
- Payment proof is required within 15 days for shipment authorization.
- The Federal Revenue Service has updated its Export Manual and urges exporters to review the new guidelines.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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