Brazil: Latest Technical Notes

Gas Market

A Joint Technical Note was published by the Ministries of Economy on 08/07/2019. It summarizes the measures taken by the National Energy Policy Council (CNPE) on June 24, 2019, which instituted the beginning of the New Gas Market (NMG).

 

Subsidies for Liquefied Petroleum Gas (LPG)

The SEI Technical Note No. 12/2019 / Sureg / Seae / Sepec-ME was modified on 02/08/2019.

It now includes ubsidies for the repeal of the price differentiation public policy for liquefied petroleum gas (LPG) in containers weighing up to 13 kg and intended for domestic use.

 

Economic Policies for Fuel Distribution

The SEI Technical Note No. 13/2019 / Sureg / Seae / Sepec-ME was last modified on 8/2/2019

The modification porposes to promote competition and other economic efficiency gains in fuel distribution and resale activities achieved by art. 1 of Resolution of the National Council of Energy Policy No. 12 of 2019.

 

Tax Transparency

A Technical note one the transparency in accounts as a precondition for sound tax management was last modified on 08/05/2019.

A study by the Special Secretariat of Finance points out differences in the use of personnel expense concepts by state account courts and proposes actions to increase transparency.

 

For Details on each technical notes, visit the websites below (in Portuguese) or contact us:

 

Gas market: click here 

Subsidies for LPG: click here 

Fuel Distribution: click here

Tax Transparency: click here

 

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!