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Brazil Extends Zero Import Tax Rate to More Medical Items

May 1, 2020, 4:11 PM

Brazil added 81 items to the list of medical products eligible for an exemption from import tax, part of its effort to fight the coronavirus.

  • Items covered include equipment used to produce pulmonary ventilators, as well as hospital equipment like carbon dioxide sensors and radiographic equipment.
  • Brazil had already adjusted to zero the import tax rate on a number of medical products, announced April 16.
  • The items added Thursday bring the total number of products with a zero import tax rate to 394, the Ministry of Economy’s statement said.

Check out Bloomberg Tax’s country-by-country roadmaps covering direct and indirect tax developments.

To contact the reporter on this story: Isabel Gottlieb in Washington at igottlieb@bloombergtax.com

To contact the editors responsible for this story: Meg Shreve at mshreve@bloombergtax.com; Colleen Murphy at cmurphy@bloombergtax.com