Brazil: Camex zeroes import tax for list of capital and computer goods

On June 24th, Resolution No. 55 was published which reduces the Import Tax rate on capital goods and information technology to zero.

About 311 products were included as “Ex-tariff”. The Resolution also revokes 11 Ex-tariff products of legal acts. The specific products that are affected can be found in the here (in Portuguese).

The ex-tariff regime consists of a temporary reduction in the rate of import tax on capital goods, information technology and telecommunication when there is no equivalent national production, aiming at the exemption of investments.

 

These regulatory changes could affect your business with view to customizing or support of your ERP/SAP system. Please contact us to learn about possible necessary reactions to the changes – we are happy to assist you!