The Incentive to Exports and Reintegra

Possibility of Calculating the Benefit over Sales to ZFM and ALC and Revenues with Positive Exchange Variation Exports Resulting

Abstract

This article has as main objective to demonstrate that the credit calculation through the fiscal benefit of Reintegra covers the sales destined to the Manaus Free Trade Zone (“ZFM”) and Free Trade Areas (“ALC”), as well as the revenues derived from positive variation exchange. It analyzes the incentive to exports, consubstantiated in the constitutional immunity granted to these operations. It discusses the creation of the ZFM and the ALC as a national development policy and the equalization of the remittances made to these regions to exports. It examines the positive exchange variation as part of the export process. It concludes that Reintegra tax credits can be calculated over ZFM and ALC sales, as well as over positive exchange variation revenues resulting from the export of goods.