The Federal Government sent to Congress, on Wednesday, the 24th, a bill regulating the tax reform on consumption. The reform was already approved and promulgated last year, but it only covered general lines. Now, the regulation addresses specific topics.
The regulatory bill includes a list of 850 medicines that would have reduced taxes. Another 383 would be exempt from taxes, such as the Covid-19 vaccine. In practice, reducing or exempting taxes should prevent products from rising, but this also depends on pharmaceutical companies passing on the drop in taxes to the consumer.
If the proposal is approved, the list of medicines with reduced tax will be taxed at 40% of the so-called “general rate”, that is, 40% of the average taxation level.
The list of medicines that may have their rates reduced, according to the government’s proposal, includes (see full list below):
– tadalafil: helps increase blood flow to the penis and can help men maintain an erection.
– prednisone: has anti-inflammatory, anti-rheumatic and anti-allergic effects.
– omeprazole: used, for example, to treat ulcers in the stomach and intestine and reflux esophagitis.
– lorazepam: anxiolytic (with calming effect).
– losartan: blood pressure medication.
– metformin: used in the treatment of diabetes.
The list of medicines with zero tax (complete list below), according to the project, includes, for example:
– vaccines against Covid-19, dengue and yellow fever are also exempt.
– sildenafil citrate: indicated for the treatment of erectile dysfunction.
