Petrobras Sets Historic Record With R$ 279 Billion In Taxes and Government Contributions In Brazil

Written by Bruno Teles

Published on 10/03/2023 at 15:21

Petrobras (foto/divulgação)

Seja o primeiro a reagir!

In The Last Year, Petrobras Broke Its Own Record By Disbursing A Massive R$ 279 Billion In Taxes, Withholdings And Government Contributions In Brazil, Which Means An Increase Of About 37.5% Compared To The Year 2021.

Petrobras, in its Recently Released Fiscal Report, Revealed A Total Payment Of R$ 279 Billion To The Public Treasury In 2022. A Large Part Of This Amount, R$ 149 Billion, Represents Taxes Linked To The Company’s Operations. Additionally, R$ 83 Billion Corresponds To Government Participation, Mainly Royalties And Special Participation.

The Report Also Reveals That The Petrobras Collected R$ 47 Billion In Third-Party Taxes, As Part Of Its Legal Obligation To Do So Throughout The Supply Chain. This Is Done Through The Widely Adopted Technique Of Substitute Taxation, Which Concentrates The Collection Process In A Few Key Economic Agents, Making Collection And Oversight More Efficient.

The Tax Administration Of Petrobras Is Guided By Ethics, Integrity, Transparency, Efficiency, And Social Responsibility, Contributing To The Social And Economic Development Of Brazil And The Countries In Which It Operates.

ARTICLE CONTINUES BELOW

Royalty Payments And Special Commitments Are Also Documented Within Petrobras

The Total Collected By The Petrobras In Government Participation (PGOV) In 2022 Is R$ 83 Billion, The Highest Annual Amount Ever Paid By The Company. This Amount Is About 51% Higher Than The Previous Record Set In 2021 (R$ 54.5 Billion).

The Amount Paid For PGOV Is Comprised Mainly Of Royalties (R$ 42 Billion) And Special Participation (R$ 36 Billion). In Addition To These Two Recurring Items, There Is A One-Time Signature Bonus Of R$ 4.2 Billion, Referring To The Excess Amount Received From The Transfer Of Sépia (30%) And Atapu (52.5%) Each R$ 2.1 Billion, In Addition To R$ 246 Million Paid For Occupying Or Maintaining The Area.

Royalties Constitute The Economic Remuneration Due By The Exploration And Production Concessionaires Of Oil Or Natural Gas And Are Charged Based On The Value Of The Production From Oil And Gas Fields And Are Charged Monthly.

The Special Participation Is An Economic Compensation Provided To Concessionaires For The Exploration And Production Of High-Volume Oil Fields. After Receiving The Funds, The ANP Distributes The Collected Amounts To The Union, States, And Municipalities, As Well As To Beneficiaries Defined By Legislation. The Use Of The Resources Is The Responsibility Of Federal Entities.

Petrobras Sets Historic Record With R$ 279 Billion In Taxes and Government Contributions In Brazil

In The Last Year, Petrobras Broke Its Own Record By Disbursing A Massive R$ 279 Billion In Taxes, Withholdings And Government Contributions In Brazil, Which Means An Increase Of About 37.5% Compared To The Year 2021.

Royalty Payments And Special Commitments Are Also Documented Within Petrobras

RICARDO SALLES SPEAKS OUT ABOUT PETROBRAS: “I WOULD PRIVATIZE IT IMMEDIATELY”

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

A 13-year-old boy did what professional archaeologists never managed to do in Berlin by finding a 2,300-year-old Greek coin that proves the ancient Greeks traveled much further than anyone imagined.

Goodbye to the light meter that only reveals consumption at the end of the month; smart meters are advancing in Brazil, showing usage almost in real-time and opening a new era of control over the electricity bill.

Scientists were searching for human DNA in a 700-year-old mummy in the Andes but found something unexpected that could change what is known about the origins of respiratory diseases in pre-Columbian America.

China launched a campaign to discredit the new sixth-generation fighter jet from the U.S., and among the arguments is the price of $300 million per unit and America’s dependence on minerals controlled by Beijing.

Elon Musk’s technology arrives in Brazil, and a snack seller goes viral for using Starlink internet with satellites 550 km from Earth connected to her motorcycle.

Petrobras Sets Historic Record With R$ 279 Billion In Taxes and Government Contributions In Brazil

In The Last Year, Petrobras Broke Its Own Record By Disbursing A Massive R$ 279 Billion In Taxes, Withholdings And Government Contributions In Brazil, Which Means An Increase Of About 37.5% Compared To The Year 2021.

Royalty Payments And Special Commitments Are Also Documented Within Petrobras

RICARDO SALLES SPEAKS OUT ABOUT PETROBRAS: “I WOULD PRIVATIZE IT IMMEDIATELY”

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Iran said that the Strait of Hormuz is open, but in practice only 1 non-Iranian oil tanker managed to cross in 24 hours — before the blockade, 100 ships passed per day.

Petrobras completes 1,300 hours of work and 15 km of subsea lines to connect the Búzios 90 well to the P-79 — the platform is ready to produce 180,000 barrels per day and is just awaiting ANP approval.

Iran declares the Strait of Hormuz completely open this Friday, and the price of oil plummets nearly 10% in a few hours — the largest drop since the beginning of the conflict.

While the world was paying more for fuel, the 100 largest oil companies on the planet raked in an extra $23 billion in just 30 days of blockage in the Strait of Hormuz.

Petrobras buys 75% of Oranto and becomes the operator of block 3 in São Tomé and Príncipe, resuming its strategy in Africa to diversify its portfolio and replenish oil and gas reserves.

A 13-year-old boy did what professional archaeologists never managed to do in Berlin by finding a 2,300-year-old Greek coin that proves the ancient Greeks traveled much further than anyone imagined.

Goodbye to the light meter that only reveals consumption at the end of the month; smart meters are advancing in Brazil, showing usage almost in real-time and opening a new era of control over the electricity bill.

Scientists were searching for human DNA in a 700-year-old mummy in the Andes but found something unexpected that could change what is known about the origins of respiratory diseases in pre-Columbian America.

China launched a campaign to discredit the new sixth-generation fighter jet from the U.S., and among the arguments is the price of $300 million per unit and America’s dependence on minerals controlled by Beijing.

Elon Musk’s technology arrives in Brazil, and a snack seller goes viral for using Starlink internet with satellites 550 km from Earth connected to her motorcycle.