Brazil has published Decree No. 9.393 of 30th May 2018 in the Official Gazette, which amends Decree No. 8,415, of February 27, 2015, which regulates the application of the special regime for the Reintegration of tax values ​​for exporting companies. Decree No. 9.393 entered into force on the date of its publication, 30th May 2018.

The Decree is amended to provide that maximum relief is equal to:

  • 1% between 1 December 2015 and 31 December 2016;
  • 0% between 1 January 2017 and 31 May 2018; and
  • 1% as of 1 June 2018 (until further notice).