Parliamentary front warns about end of exemption on imports up to US$50

Parliamentary front warns about end of exemption on imports up to US$50
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Representative Luiz Philippe de Orleans and Bragança (PL-SP), president of the Parliamentary Front for the Free Market| Photo: Billy Boss/Chamber of Deputies

The Parliamentary Front for the Free Market (FPLM) issued a warning against an amendment included in a mobility project that could end tax exemptions on imports up to US$50.

The “jabuti” – as a strange matter included in the main text of a proposal is called – was proposed by deputy Átila Lira (PP-PI) when reporting Bill (PL) 914/24, which aims to encourage decarbonization of Brazilian vehicles, as well as promoting technological development and global competitiveness.

The project is being processed in the Chamber on an urgent basis, when the text goes to the plenary for a vote without having to go through committees.

For the president of the FPLM, federal deputy Luiz Philippe de Orléans e Bragança (PL-RJ), the part of the project proposed by the rapporteur does not align with the initial objective of the proposal.

“The inclusion of a revocation related to the import tax exemption for low-value shipments is incompatible with the object of the project, which is about the decarbonization of the automotive sector,” said the parliamentarian in a note sent to People’s Gazettethis Monday (7).

“The inclusion of this point in the project diverts the focus from ecological and technological progress, imposing unnecessary economic obstacles on the population. Maintaining the import tax exemption for small value shipments not only alleviates the tax burden on consumers, but also encourages a greater diversity in the Brazilian market”, added the deputy.

If approved, the measure will directly impact purchases made on sites such as AliExpress, Shein and Shopee. Taxation will even affect purchases of up to US$50 – which are currently exempt from Import Tax, which is federal, in the case of websites participating in the Conform Shipping program.

Transactions of more than US$50 already pay Import Tax of 60%. Other than that, all purchases – above or below US$50 – pay state ICMS of 17%.

“Given the urgency in reviewing and realigning the project, FPLM parliamentarians will present deletion amendments to the text to ensure that PL 914/2024 does not deviate from its purpose, in addition to continuing the promotion of innovation, sustainability and economic well-being, without compromising accessibility and equity for all Brazilians”, says another excerpt from the note.

In addition to Congressman Átila Lira’s attempt, the new Value Added Tax (VAT) foreseen in the tax reform already proposes the taxation of purchases of all amounts made through digital platforms.

Infographics Gazeta do Povo[Clique para ampliar]

Infographics Gazeta do Povo[Clique para ampliar]

The article is in Portuguese

Tags: Parliamentary front warns exemption imports US50

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