AreaBrazil

Commodity GroupBiofuels

CommodityBiodiesel

Date01/11/2014

Policy CategoryRenewable energy

Policy InstrumentRenewable energy policy

DescriptionExempted sellers of vegetal-origin feedstock to biodiesel manufacturers from paying selected taxes, with a view to stimulate domestic biodiesel production.

NotesWith a view to support the development of the country’s relatively young biodiesel sector, the government decided to exempt the sale of vegetal-origin feedstock for biodiesel from paying selected taxes. The tax suspension will apply to both cooperatives producing feedstock and to processors and companies that store and market biodiesel feedstock.