US EditionAlckmin: There Is No Tax Impact with Reintegration and Drawback
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The Vice-President of the Republic and the Minister for Development, Industry, Trade and Services, Geraldo Alckmin, said on this Saturday (16) in Brazil that the measures to support companies affected by the United States' taxes on Brazilian products would not have a negative tax impact, since the harshness does not set up a new cost for the Union.
The Vice-President of the Republic and Minister for Development, Industry, Trade and Services, Geraldo Alckmin, said that there is no way to talk about tax implications with Reintegration (Special Reintegration Regime of Tributary Values) and the drawback regime, both planned in the quota plan against a 50% share of Brazilian products exported to the US. Reintegration, for the affected companies, returns to exporters part of the taxes paid along…
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