Petrobras Release 1Q:24 Tax Report

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(Petrobras, 13.May.2024) — Petrobras reported a 9% increase in tax payments in the first quarter of 2024 when compared to the same period of 2023, driven by higher ICMS (VAT) collection. A total of R$68.2bn was collected by the government from January to March 2024. This amount includes taxes due to Petrobras, Government Take (Gov.Take) and taxes withheld from third parties, as the company is legally responsible for collecting taxes throughout the production chain as a substitute taxpayer.


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