The state finance secretaries approved this Thursday (24) the “ICMS Agreement”, which regulates the collection of the tax for diesel oil.
The decision was taken at an extraordinary meeting of the National Council for Finance Policy (Confaz). Under the agreement, the state rate for the liter of S10 diesel oil, the most widespread in the country at the moment, was set at a ceiling of R$ 1.0060, calculated using the reference value of November last year.
For the CNN Specialist in Economics, Alexandre Schwartsman, the decision is wrong because it generates a loss of revenue for the states.
“Measure is a backfire. You invents a rule that will bring a loss of revenue to the states. Of course, states do not they go stand there waiting lose collection. They they go put an equivalent value or up until an aliquot highest tax, why they are seeing that they may lose revenue“.
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Source: CNN Brasil
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