04/23/2024 – 10:54
The exemptions granted by the government resulted in a total tax waiver of R$9.963 billion in March 2024, a lower amount than that recorded in the same month of 2023, when they were R$12.519 billion, at current prices.
In the first three months of 2024, exemptions totaled R$31.174 billion, a lower volume than that recorded in the same period last year (R$37.551 billion, at current prices).
The result reflects the resumption of taxation on fuels, carried out throughout 2023. In January, the government resumed the full collection of PIS/Cofins on diesel, which had been zeroed in 2021, with partial resumption in September 2023.
The payroll tax relief resulted in a loss of R$1.683 billion in March and R$4.241 billion in the year to date. In the same month of 2023, this waiver was R$801 million and reached R$2.399 billion in the first three months of 2023, at current prices.
This is a sensitive issue for the government, which fully vetoed the extension of the payroll tax relief policy for 17 economic sectors, and presented a provisional measure with a proposal for gradual tax relief. Without Congress's agreement, the government agreed to send the text as a bill with constitutional urgency to try to negotiate an alternative, but continues to face resistance.
Adopted since 2011, payroll relief is a tax benefit that replaces the employer's social security contribution of 20%, levied on the payroll at rates of 1% to 4.5% on gross revenue, depending on the productive sector. . In practice, the measure reduces the tax burden on social security contributions owed by companies.
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