Pacheco meets with Guedes and discusses ICMS and fuel reduction issues

The president of the Federal Senate and the National Congress, Rodrigo Pacheco (PSD-MG), declared this Friday (20th) that he met with the Minister of Economy, Paulo Guedes, and discussed the issue of fuel and taxation.

According to Pacheco, the “importance of seeking alignment between state finance secretaries, the federal government and Congress was reaffirmed, and finding commonalities regarding ICMS that guarantee a reduction in fuel prices and tax justice.”

I received the Minister of Economy, Paulo Guedes, and reaffirmed the importance of seeking alignment between the State Finance Secretaries, the Federal Government and Congress, and finding commonalities regarding ICMS that guarantee a reduction in fuel prices and tax justice. pic.twitter.com/7oqmfDZy8A

— Rodrigo Pacheco (@rodrigopacheco) May 20, 2022

The president of the Chamber of Deputies, Arthur Lira (PP-AL), said last Thursday (19th) that the plenary of the House will vote next Tuesday (24th) on a bill that establishes a ceiling for charging the ICMS for products such as fuel and energy.

With the change, ICMS would have a maximum collection rate of 17%. Thus, taxation would be below the national average for gasoline, which today is 27% and 18.7% for ethanol. But above the average incidence for diesel, which is 13.8%.

The announcement came less than 24 hours after the meeting between Lira and the Minister of Mines and Energy, Adolfo Sachsida. The parliamentarian demanded an action from the portfolio to avoid new adjustments in the electricity bill, already approved by the National Electric Energy Agency (Aneel).

“We are going to see the participation of the Chamber, the Senate, and other powers in a haughty debate, so that we can exempt and reduce taxes on these sectors that will become essential”, said Lira.

(*With information from João Pedro Malar and Adriana De Luca, from CNN)