The Chamber of Deputies has approved Senate Bill 5610/23, extending until 2028 the validity of the Tax Regime for the Modernization and Expansion of Port Structures (Reporto), which expires at the end of this year. The proposal now awaits presidential approval. Established by Law 11.033/04, Reporto provides tax incentives for investments in ports, such as the purchase of machinery and equipment with no domestic equivalents. Congress has extended these benefits since 2007, with recent expansions to railway concessionaires. The special regime allows beneficiaries to acquire equipment with exemptions from IPI, PIS, Cofins, and Import Tax (II). The Brazilian Association of Port Terminals (ABTP) estimates that over R$ 50 billion will be invested in the sector due to the extension of Reporto.
Source: Datamar News