Mayer Brown cordially invites you to a discussion of recent developments involving the Brazilian Revenue Service, Petrobras and the drilling industry. The Brazilian tax authority recently released its position on the bareboat chartering of MODUs, FPSOs and maritime support vessels on hire to Petrobras. This matter relates to the letters Petrobras recently sent to contractors informing them of its intent to pass through the burden arising from tax assessments resulting from the decades-old split services/charter structure.

Please join Rio de Janeiro-based energy tax lawyers Ivan Tauil and Eduardo Telles for a discussion of this adverse tax ruling. The presentation will be live in Rio de Janeiro and broadcast via video conference at Mayer Brown’s Houston office.

Some of the topics/questions that will be covered:

  • How and why did this tax dispute arise?
  • Why is the tax authority taking this position and pursuing Petrobras?
  • How might this tax dispute be resolved?

Please let us know if you can attend this complimentary cross-border presentation.  

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