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Two industrial segments were considered by the government as strategic for Brazil and have got fiscal incentives through the Programa de Apoio ao Desenvolvimento Tecnológico da Indústria de Semicondutores – PADIS (Support Program for Technological Development of the Semiconductor Industry) and the Programa de Apoio ao Desenvolvimento Tecnológico da Indústria de Equipamentos para TV Digital – PATVD (Support Program for Technological Development of the Digital TV Equipment Industry).
The equipment industries for Digital TV and semiconductor electronic components that are framed in the rules of Law 11.484 will have exemption of income tax and reduction to zero of the PIS/ PASEP, Cofins, IPI and Cide aliquots. The law also stipulates a reduction to zero of the rate of import tax on machinery and equipment purchased by companies for incorporation into their fixed assets.