Impacts of Tax Reform on the Oil and Gas Sector Under Debate in Rio
On April 4th, the fiscal scenario of the oil & gas sector will undergo a thorough analysis at the II Seminar on Taxation in Oil & Gas. Held at Firjan’s headquarters in the heart of Rio de Janeiro, the event is a joint initiative by Infis Consultoria and the Federation of Industries of Rio de Janeiro (Firjan), also supported by Origem Energia. Experts, members of the Federal Revenue Service, and representatives from major market players such as Petrobras, TAG, Shell, and PRIO will discuss the potential effects of the Tax Reform on this vital industry.
The Weight of New Taxes
The main agenda of the seminar will be the investigation of how the full incidence of new taxes on goods and services could significantly raise the tax burden on investments in the sector. Infis Consultoria points out that this increase could reach up to 14%, a direct consequence of higher rates on services and the chartering of vessels. Such a scenario highlights the need for sharp strategic planning to mitigate adverse financial impacts.
Strategies and Proposed Solutions
In addition to discussing the tax increase, the seminar promises detailed approaches on critical topics such as Repetro Industrialization, ICMS credits, and transfer pricing policies. These topics are essential for oil & gas companies to adapt and successfully navigate the new fiscal rules imposed by the Tax Reform. The exchange of experiences and strategies among participants could be a game changer in the pursuit of fiscal and operational efficiency.
-
Oil surges again after attacks and standoff between the US and Iran increase global tension
-
HIDDEN TREASURE AT THE BOTTOM OF THE SEA? Oil discovery nearly 20,000 feet deep challenges engineering limits off the coast of Brazil
-
Anvisa clears Ypê factory after sanitary inspection, but maintains alert on old batches that still cannot return to the market
-
90 billion barrels of oil, 1.669 trillion cubic feet of natural gas, and 84% of probable reserves in offshore areas are under the Arctic, and the melting ice that opens maritime routes and exposes this energy treasure is turning the North Pole into a strategic dispute between the USA, Russia, China, and Canada for oil, gas, navigation, and military power.
This event is a unique opportunity for professionals in the field, offering a platform for in-depth discussions on how the new regulatory frameworks will affect taxation in the oil and gas sector. Furthermore, it will serve as a networking space, with the presence of prominent market figures, facilitating the exchange of knowledge and experiences among attendees.
Those interested in participating in this important meeting should confirm attendance by sending an email to the organizers. Slots are limited, and participation is crucial for anyone looking to stay ahead in understanding the fiscal changes that will impact the oil & gas sector in the coming years.
The II Seminar on Taxation in Oil & Gas is more than just an event; it is a gathering of thoughtful minds dedicated to unraveling the fiscal challenges ahead for the oil and gas sector, seeking innovative solutions for an ever-evolving industry.
Date: 04/04/2024 – Location: Firjan Headquarters (Av. Graça Aranha, 1 – Centro, Rio de Janeiro) – Time: 9 AM to 6 PM.
To confirm attendance, please email:
marina@avenidacom܂com܂br and agimenez@firjan܂com܂br
Source: Julia Sabino.

Ta bom.