Research on Brazilian Taxation of FPSO’s Life-Cycle Based on Repetro

DOI

10.2991/aebmr.k.201128.015How to use a DOI?

Keywords

FPSO, Brazilian Taxation, Repetro

Abstract

As for international FPSO Operators, Brazil is a country which have important market of FPSO leasing and service. However, the high taxation in Brazil makes FPSO operators difficult to enter into the Brazilian market. In order to attract overseas investment, the Brazil government makes some preferential tax policies to encourage the enterprises to apply in order to help them to save tax. FPSO operators can apply the preferential tax policy of Repetro. On August 18th. 2017, the Brazil government extended the Repetro, which expires in 2019, to 2040. This is a good news to overseas enterprises entering into Brazilian market. Based on the preferential tax policy of Repetro, This paper illustrates the Brazilian taxation involving in each stage of FPSO’s life cycle to achieve the lowest tax cost of overseas enterprises operating FPSO in Brazil and is as reference for the tax planning.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xue Jinyan
AU  - Liu Yingtao
AU  - Tong Jinzhe
AU  - Li Lianying
PY  - 2020
DA  - 2020/11/30
TI  - Research on Brazilian Taxation of FPSO’s Life-Cycle Based on Repetro
BT  - Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020)
PB  - Atlantis Press
SP  - 75
EP  - 79
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201128.015
DO  - 10.2991/aebmr.k.201128.015
ID  - Jinyan2020
ER  -