Brazil Markets Rise as Court Halts Oil Export Tax
7 Articles
7 Articles
The Federal Justice of the Federal District temporarily suspended on Thursday (27) the levy of 12% of export tax on crude oil and bituminous minerals. The decision of suspension is by Judge Diego Câmara of the 17th Federal Court of the Federal Court of Justice of the Federal Republic of Germany, and responds to the request of the Brazilian Association of Oil and Gas Exploration and Production Companies (ABEP). The injunction determines that the …
The Federal Court of the Federal District suspended, on Thursday (27), in a preliminary decision, the levy of 12% of the incidental export tax on the sale of crude oil and bituminous minerals (rocks and substances rich in hydrocarbons). The decision is by Judge Diego Câmara, of the 17th Federal Court, and responds to a request of the Brazilian Association of Oil and Gas Exploration and Production Companies (Abep). Related news:Petrobras finds oi…
Oil and gas companies obtained a judicial decision that prevents the Government from continuing to levy the 12% tax on oil exports approved in June by the Chamber of Foreign Trade (Camex). The taxation had originally been established by means of a Provisional Measure in March. After the MP lapsed without a vote in Congress, Camex issued a resolution to recreate the charge, initially for 60 days. Judge Diego Câmara, of the 17th Federal Court of t…
Decision of the 17th Federal Court Federal Court Court DF met a request from Abep
The Federal Court of Justice of the Federal District suspended the levy on the export tax of petr leo with the quota of 12% after the Camex (C mara de Comcio Exterior) of the federal government to decide for its extension this Thursday (27). Read more (08/27/2026)
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