Brazilian government looking at ethanol tax relief

March 4, 2013 |

In Brazil, Bloomberg reports that the government is include lower payments on taxes paid on ethanol and the possibility of converting the amount paid into credit. Currently producers pay about 6 cents in taxes per liter of ethanol. The policy hasn’t yet been made public and is said to be in the hands of President Dilma Rousseff awaiting her signature.

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Category: Policy

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