# Law No. 4012 of December 16, 1961 > Brazilian law **Wikidata**: [Q105648091](https://www.wikidata.org/wiki/Q105648091) **Source**: https://4ort.xyz/entity/law-no-4012-of-december-16-1961 ## Summary **Law No. 4012 of December 16, 1961** is a Brazilian federal statute that regulates tax exemptions and import duties. It was enacted to establish specific conditions under which import taxes may be waived or reduced, particularly in cases involving public interest or economic development. ## Key Facts - **Official Title:** Lei nº 4012, de 16 de dezembro de 1961 - **Country of Origin:** Brazil - **Date of Publication:** December 16, 1961 - **Place of Publication:** Brasília - **Approved By:** Presidency of the Federative Republic of Brazil (João Goulart, December 16, 1961) - **Instance Of:** Statute - **Legal Subject Areas:** Tax exemption, import tax - **Language of the Law:** Brazilian Portuguese - **Legal Citation:** Lei nº 4012/1961 - **URL:** [Law Text](https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l4012.htm) - **LexML Brazil ID:** urn:lex:br:federal:lei:1961-12-16;4012 - **Applies To Jurisdiction:** Brazil - **Wikidata Description:** Brazilian law - **Project Focus:** WikiProject Brazilian Laws ## FAQs **What is Law No. 4012 of December 16, 1961 about?** Law No. 4012 addresses tax exemptions and import duties in Brazil. It establishes the legal framework for reducing or waiving import taxes under specific conditions, often related to economic development or public interest. **Who approved Law No. 4012 of December 16, 1961?** It was approved by the Presidency of the Federative Republic of Brazil, under President João Goulart, on December 16, 1961. **What is the legal classification of Law No. 4012?** It is classified as a statute (legal act) and is part of Brazil’s statutory law. It is an official legal document that creates binding rules. **Where can the full text of Law No. 4012 be accessed?** The official text is available at [this link](https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l4012.htm), as published by the Brazilian government. **What is the legal citation for Law No. 4012?** The standard legal citation is Lei nº 4012/1961. **What jurisdiction does Law No. 4012 apply to?** It applies to the jurisdiction of Brazil, as it is a federal law of the country. **What language is the law written in?** The law is written in Brazilian Portuguese, the official language of Brazil. **What are the main subjects addressed by the law?** The law primarily deals with tax exemptions and import taxes, establishing conditions under which these may be adjusted or waived. ## Why It Matters Law No. 4012 of December 16, 1961 plays a key role in Brazil’s fiscal and trade policy by regulating import tax exemptions. It provides a legal mechanism for reducing or eliminating import duties in specific cases, which can stimulate economic activity, support strategic industries, or address public interest needs. This law contributes to the broader framework of Brazil’s tax policy and international trade regulation, offering a structured approach to discretionary tax relief. Its continued relevance lies in its application to customs and trade law, particularly in scenarios involving economic development or public interest exemptions. ## Notable For - **Specific Tax Relief Framework:** Establishes legal conditions for import tax exemptions, making it a key instrument in Brazil’s trade and fiscal policy. - **Historical Context:** Enacted during João Goulart’s presidency, a period of significant economic and political change in Brazil. - **Legal Precision:** Clearly defines the terms "isenção" (exemption) and "imposto de importação" (import tax), ensuring clarity in legal application. - **Public Domain Status:** As a Brazilian government statute, it is in the public domain, ensuring open access to legal texts. - **Integration with LexML Brazil:** Identified with a unique LexML ID, supporting digital legal indexing and access. - **Part of WikiProject Brazilian Laws:** Included in a collaborative effort to organize and document Brazilian legal texts on Wikidata. ## Body ### History and Legislative Context Law No. 4012 was enacted on December 16, 1961, during the presidency of João Goulart. This period in Brazilian history was marked by efforts to modernize economic policy and respond to the needs of a growing industrial sector. The law was promulgated in Brasília, the federal capital, and is part of a broader set of mid-20th century legal reforms aimed at regulating Brazil’s customs and tax systems. The law was officially published and made available through the government’s legal portal, ensuring public access. It is cited as Lei nº 4012/1961 and is recognized under the LexML Brazil system with the identifier `urn:lex:br:federal:lei:1961-12-16;4012`. ### Legal Framework and Content The law is classified as a statute, which means it is a formal written legal document that creates law. It specifically addresses: - **Tax Exemption (Isenção):** Situations where import duties may be waived. - **Import Tax (Imposto De Importação):** Conditions under which import taxes are applied or reduced. These provisions are designed to support economic development, public interest projects, or strategic sectors. The law is part of Brazil’s broader statutory law framework and is applied within the jurisdiction of Brazil. ### Publication and Official Details - **Publication Date:** December 16, 1961 - **Place of Publication:** Brasília - **Approved By:** João Goulart, as President of Brazil - **Published At:** [Presidência da República Legal Archive](https://legislacao.presidencia.gov.br) - **Instance Of:** Statute - **Language:** Brazilian Portuguese - **Legal Citation:** Lei nº 4012/1961 - **URL:** [Full Text](https://www.planalto.gov.br/ccivil_03/leis/1950-1969/l4012.htm) - **LexML Brazil ID:** `urn:lex:br:federal:lei:1961-12-16;4012` ### Jurisdiction and Application The law applies to the entire territory of Brazil and is part of the federal legal system. It is used by customs authorities, importers, and legal professionals to determine eligibility for import tax exemptions. Its application is governed by the broader Brazilian legal framework and is enforceable in all federal administrative and judicial contexts. ### Digital and Public Access As a government-produced legal document, Law No. 4012 is in the public domain in Brazil, ensuring unrestricted access. It is indexed by LexML Brazil and maintained as part of the digital legal repository of the country. It is also included in the collaborative documentation project known as WikiProject Brazilian Laws, which aims to standardize and organize Brazilian legal texts for public access and machine-readability. ### Taxonomy and Legal Classification - **Instance Of:** Statute, Legal Act, Written Work, Rule - **Main Subjects:** Tax Exemption, Import Tax - **Legal Norms:** Contains provisions that function as legal norms within the broader statutory law system - **Equivalent Class:** schema.org/Legislation ### Related Entities and Identifiers - **Library of Congress Authority ID:** sh85127611 (statute) - **GND ID:** 4020660-9 (Gesetz) - **Bibliothèque nationale de France ID:** 120485802 - **National Library of Spain ID:** XX528757 - **Schema.org Equivalent:** Legislation - **KBpedia ID:** Statute - **Google Knowledge Graph ID:** /g/120kn55l - **BabelNet ID:** 00050588n ### Cultural and Educational Context Law No. 4012 is referenced in educational contexts related to Brazilian law, taxation, and customs policy. It is also part of broader encyclopedic and digital knowledge systems, including Wikidata and LexML Brazil. Its inclusion in WikiProject Brazilian Laws ensures ongoing documentation and accessibility for researchers, legal professionals, and the public. ## References 1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1961-12-16;4012) 2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=4012&ano=1961&data=16/12/1961&ato=a74cXWU5keVRVTbfb)