# Law No. 480 of November 11, 1948

> Brazilian law

**Wikidata**: [Q105647771](https://www.wikidata.org/wiki/Q105647771)  
**Source**: https://4ort.xyz/entity/law-no-480-of-november-11-1948

## Summary
Law No. 480 of November 11, 1948 is a Brazilian statute that extends tax exemption to the Lloyd Brasileiro shipping company, specifically applying the fiscal exemption regime to the National Coastal Navigation Company.

## Key Facts
- **Title**: Lei nº 480, de 11 de novembro de 1948
- **Country**: Brazil
- **Law Digest**: Extends to the National Coastal Navigation Company the tax exemption regime enjoyed by the Lloyd Brasileiro
- **Approved by**: Presidency of the Federative Republic of Brazil
- **Instance of**: Statute
- **Main Subjects**: Tax exemption, fees
- **Lexml Brazil ID**: urn:lex:br:federal:lei:1948-11-11;480
- **Publication Date**: 1948-11-11
- **Place of Publication**: Rio de Janeiro
- **Wikidata Description**: Brazilian law
- **Jurisdiction**: Brazil
- **Language**: Brazilian Portuguese
- **Legal Citation**: Lei nº 480/1948
- **Wikimedia Project**: WikiProject Brazilian Laws

## FAQs
**What is the primary purpose of Law No. 480?**
The law extends the tax exemption regime to the National Coastal Navigation Company, specifically applying the fiscal exemption that the Lloyd Brasileiro shipping company enjoys.

**What specific company does this law affect?**
The law affects the Lloyd Brasileiro shipping company by extending its tax exemption regime to the National Coastal Navigation Company.

**When was this law officially published?**
The law was published on November 11, 1948.

**What is the legal citation for this law?**
The legal citation is Lei nº 480/1948.

**What is the language in which this law was written?**
The law was written in Brazilian Portuguese.

## Why It Matters
Law No. 480 of November 11, 1948 represents a specific legislative action by the Brazilian government to provide tax benefits to the Lloyd Brasileiro shipping company and extend similar benefits to the National Coastal Navigation Company. This law demonstrates the government's approach to supporting key national shipping enterprises through fiscal incentives, which was particularly important for the development of Brazil's maritime industry during the post-war period. The tax exemption provision helped to promote the growth and sustainability of these national shipping operations, contributing to Brazil's economic development and maritime infrastructure.

## Notable For
- **Specific Tax Exemption**: The law specifically extends tax exemption to the National Coastal Navigation Company based on the existing exemption enjoyed by the Lloyd Brasileiro
- **Historical Context**: Enacted in 1948, it reflects the post-war period's approach to supporting national industries through legislative incentives
- **Shipping Industry Support**: Focuses on providing fiscal benefits to national shipping companies, which was crucial for Brazil's maritime development
- **Lexml Identification**: Has a unique LEXML identifier (urn:lex:br:federal:lei:1948-11-11;480) for official documentation and tracking
- **Brazilian Legal System**: Is classified as a statute within Brazil's federal legal framework

## Body
### Definition and Legal Classification
Law No. 480 of November 11, 1948 is formally classified as a statute within Brazil's legal system. It falls under the category of legislative acts that create specific legal rules through written documentation. The law is categorized as an instance of a "statute" and is specifically identified as a Brazilian federal law.

### Legislative Context and Approval
The law was approved by the Presidency of the Federative Republic of Brazil and was published in Rio de Janeiro on November 11, 1948. It was written in Brazilian Portuguese and is referenced by the legal citation "Lei nº 480/1948". The law's official LEXML identifier is urn:lex:br:federal:lei:1948-11-11;480.

### Content and Purpose
The primary content of the law is to extend the tax exemption regime that the Lloyd Brasileiro shipping company enjoys to the National Coastal Navigation Company. The law digest explicitly states: "ESTENDE A COMPANHIA NACIONAL DE NAVEGAÇÃO COSTEIRA O REGIME DE ISENÇÃO FISCAL DE QUE GOZA O LLOYD BRASILEIRO." This indicates the law's purpose was to provide fiscal benefits to support national maritime operations.

### Jurisdiction and Application
The law applies exclusively to Brazil and is part of the country's federal legal framework. It operates within the broader Brazilian legal system that includes the Constitution of Brazil (effective October 5, 1988) and is administered by the Supreme Federal Court as the highest judicial authority.

### Technical and Administrative Details
The law was published in the official government gazette with specific administrative details including the place of publication (Rio de Janeiro) and the language of the document (Brazilian Portuguese). It is maintained in the LEXML system with references to the official legislative database.

### Relationship to Other Legal Concepts
The law is classified as a statute, which is a formal written document that creates law. It falls under the broader category of legislative acts and is related to concepts such as tax exemption and maritime regulations. The law's implementation would have been overseen by the Central Bank of Brazil and other relevant government agencies.

### Historical Significance
Enacted in 1948, this law reflects Brazil's approach to supporting national industries during the post-war period. The provision of tax exemptions to shipping companies was part of broader economic policies aimed at developing Brazil's infrastructure and promoting national businesses. The law demonstrates the government's role in regulating and supporting key sectors of the economy through legislative measures.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1948-11-11;480)
2. LexML Brasil