Brazil to resume fuel taxes on gasoline, ethanol, will charge tax on crude oil exports

Kitco Media
By Reuters
Published:
Updated:
Reuters
BRASILIA, Feb 28 (Reuters) - Brazilian Finance Minister Fernando Haddad said on Tuesday the government decided to resume taxes on gasoline and ethanol at 0.47 real and 0.02 real per liter, respectively, a much-expected decision following the announcement of the end of the tax waiver. Speaking at a news conference, Haddad said there will be a compensation on prices with the Mines and Energy Ministry charging a tax on exported crude oil for four months.




(Reporting by Bernardo Caram; Writing by Carolina Pulice and Peter Frontini; Editing by Leslie Adler)

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