Provisory Act No. 617/13, in force from its publication (Official Gazette of 05.31.2013) reduces to zero the rates of Contribution to PIS/PASEP and COFINS imposed on the revenue originated from the rendering of regular public transportation services by road, subway and rail.
This tax benefit also comprises the revenues originated from the rendering of transportation services within metropolitan areas duly constituted.
(Provisory Act No. 617, 05.31.2013, Official Gazette 05.31.2013. Available at http://www.planalto.gov.br/ccivil_03/_Ato2011-2014/2013/Mpv/mpv617.htm. Accessed in June 2013).