Court Blocks Brazil’s War-Era Oil Export Tax
Key Points — A federal judge in Rio de Janeiro suspended the 12% export tax on crude oil for five multinational producers — Shell, Equinor, TotalEnergies, Petrogal, and Repsol Sinopec — ruling the levy has a purely fiscal purpose that violates constitutional requirements — The Procuradoria-Geral da Fazenda Nacional immediately appealed to the TRF2, calling […] The post Court Blocks Brazil’s War-Era Oil Export Tax appeared first on The Rio Times.
Black News 
Key Points — A federal judge in Rio de Janeiro suspended the 12% export tax on crude oil for five multinational producers — Shell, Equinor, TotalEnergies, Petrogal, and Repsol Sinopec — ruling the levy has a purely fiscal purpose that violates constitutional requirements — The Procuradoria-Geral da Fazenda Nacional immediately appealed to the TRF2, calling […]
The post Court Blocks Brazil’s War-Era Oil Export Tax appeared first on The Rio Times.
