Press Release: The EU wins WTO dispute challenging Brazil’s tax subsidies in the ICT, electronics and automotive sectors
In one of the most comprehensive disputes ever launched by the EU, the Panel found that numerous Brazilian tax programmes are illegal under WTO rules. The ruling states that the programmes discriminate against EU automotive, ICT and electronic products and grant prohibited import and export subsidies to Brazilian companies. The dispute also covered fiscal incentives contingent on Brazilian firms meeting certain export performance requirements.
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