Suspension of tax can generate investment in the offshore sector

The federal Government announced that extend up to 2040 the suspension of import tax of offshore equipment (Repetro). The expectation is that with the extension, oil exploration activities in the country are more encouraged, since the collection represents about 50% of the value of investments in the sector. In the next few days, should also be announced the new tax rules that will focus on international companies when they submit their resources out of Brazil.

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