The export transactions of products and services from Brazil are exempt of various Brazilian taxes.
Regarding export of goods, it is exempt of state tax ICMS (sort of Brazilian VAT tax). The export of services is exempt of the municipality tax on services (here there is some prerequisites to be fulfilled). And the gross income of the exports is exempt of the Social Contribution on Gross Income, a Federal tax.
Financing export of products and services has tax exemptions as well.
Pre-export loans with a term of more than one year are exempt from IOF (tax on financial operations), which otherwise would have rates ranging from 0,38% up to 25%.
Payment of interest on loans under export prepayment facilities is subject to a withholding tax at a rate of 15% or 25%, depending on the situation.