In an interview with Exame’s Macro em Pauta videocast, this Monday (29.04), governor Mauro Mendes highlighted the expected losses for Mato Grosso due to the Tax Reform.
According to the governor, Mato Grosso is one of the states that will be most negatively affected by the new legislation, which will come into effect from 2033.
“The State of Mato Grosso has a net current revenue of R$35 billion. The estimate is that the loss should be somewhere around R$7 billion to R$8 billion of our revenue, 20% to 25%”, he highlighted.
According to Mauro Mendes, the loss must occur due to two major factors.
The first is due to the fact that ICMS collection will now be made 100% at the place of consumption, and not at the place of production.
“We are a state with little population and a lot of production. In other words, we will lose all the revenue we had from production”, he said.
Another factor is the complete exemption of the export chain, which will only benefit large companies that sell Brazilian products abroad.
“Brazil will give up an important tax, because the entire chain of everyone who exports, whether in agriculture, mining, in any export chain, from beginning to end, will not pay tax”, he criticized.
For Mauro Mendes, this point is a mistake, as there will be less revenue, but the “Brazil cost” will not reduce.
“If the big exporters are going to stop paying, who is going to pay to compensate? Because the country’s expenses, civil servants’ salaries, police, education, will not decrease. So, who is going to pay more?”, he asked.
Source: MT – MT Government
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