The rapporteur of the bill that establishes a 17% limit on the ICMS on fuel and energy, Elmar Nascimento, sent the final version of the project this Wednesday morning (25th) after negotiations with the government.
The president of the Chamber, Arthur Lira, told the CNN on Tuesday night (24) that this version should be appreciated this Wednesday.
Economic sources informed the CNN on Wednesday morning that the text is acceptable, but that there may still be adjustments. The paste still passes a fine-tooth comb in the final version to avoid damage to the Union.
When contacted, the National Committee of Secretaries of Finance, Finance, Revenue or Taxation of the States and the Federal District, Comsefaz, has not yet expressed itself.
The rapporteur’s text provides that “fuels, natural gas, electricity, communications and collective transport are considered essential and indispensable goods and services”, which in practice imposes a ceiling on the ICMS rate to be applied by states. , as it is a state tax.
One of the main points of the text is financial compensation for states in case they lose revenue.
The text establishes two paths. The states that are already in a tax recovery regime, Rio de Janeiro and Goias, would have automatic compensation since the tax recovery contracts with the Union do not allow them to lose revenue. The other states would have compensation if the collection drops by more than 5% by December 31, 2022.
Source: CNN Brasil
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