This week, the government announced the reduction of the tax on industrialized products (IPI). The measure should withdraw R$ 11.923 billion from states and municipalities this year, according to a projection by the Committee of State Finance Secretaries (Comsefaz).
Of the total amount, R$ 6.066 billion will come from the states and R$ 5.857 billion from the municipalities. This is because the federal tax collection is shared by the Union with these entities via Participation Funds.
+ Government publishes reduction of up to 25% in IPI rates
According to the institutional director of Comsefaz, André Horta, in an interview with Extra, the biggest concern is with the effects of the drop in revenues in the provision of public services to the poorest population. He also highlights that there was no compensation measure.
The measure is controversial and deputy Marcelo Ramos (PSD-AM) intends to file a representation against President Jair Bolsonaro at the Superior Electoral Court (TSE). According to him, the decree with the cut in the IPI is illegal.
know more
+ Omicron: Unexpected symptom of infection in children worries medical teams
+ Mercadão de SP vendors threaten customers with fruit blow
+ Video: Mother is attacked on social media for wearing tight clothes to take her son to school
+ Horoscope: check today’s forecast for your sign
+ What is known about fluorone?
+ Trick to squeeze lemons becomes a craze on social media
+ ‘Ichthyosaur-monster’ is discovered in Colombia
+ One twin became vegan, the other ate meat. Check the result
+ See which were the most stolen cars in SP in 2021
+ Expedition identifies giant squid responsible for ship sinking in 2011
+ US Agency warns: never wash raw chicken meat
#Tax #products #IPI #cut #remove #billion #states