Production and use of fuel ethanol in Brazil - BAFF
Production and use of fuel ethanol in Brazil - BAFF
Production and use of fuel ethanol in Brazil - BAFF
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• State Tax:<br />
Tax on Products <strong>and</strong> Services (ICMS).<br />
S<strong>in</strong>ce it is added to gasol<strong>in</strong>e at the <strong>fuel</strong> distributor’s, the ICMS rate is the same<br />
as on gasol<strong>in</strong>e. As general rule, the rate <strong>of</strong> the ICMS on gasol<strong>in</strong>e is 25 percent.<br />
c) Exports:<br />
For <strong>ethanol</strong> exports, whether hydrated or anhydrous, none <strong>of</strong> the forego<strong>in</strong>g<br />
taxes are imposed by virtue <strong>of</strong> a constitutional tax immunity.<br />
A. Fuel <strong>ethanol</strong>: Activities <strong>in</strong> <strong>Brazil</strong> <strong>and</strong> the world context<br />
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