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Justice of DF suspends 12% export tax on oil

The 17th Federal Court of DF suspended the collection of 12% Export Tax on crude oil and bituminous minerals, granting the request of the Brazilian Association of Oil and Gas Exploration and Production Companies (ABEP). The Federal Revenue Service will be prohibited from collecting the tax from companies represented by the association until the final judgment. The charge was established by Resolution Gecex No. 938/2026, published on July 9, as a compensatory measure to federal government subsidies to curb the rise in diesel and gasoline prices. The judge ruled that the resolution renewed a charge from Provisional Measure 1,340/2026, which lost effectiveness for not having been analyzed by Congress.

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