Thursday, February 25, 2021

Unified ICMS will not decrease fuel prices, says Rafael Fonteles – Prime Time Zone

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Although he considers the discussion valid, the president of Comsefaz argues that the debate should take place within the proposal for tax reform

Government of PiauíThe president of Comsefaz mentioned some countries that have mechanisms to amortize the price and “smooth” the variation, which could be adopted by Brazil

The proposal of the federal government establishing a fixed rate of ICMS will not have any impact on the prices of fuels, that is, they will not be cheaper, the evaluation is chairman of the National Committee of State Secretaries of Finance and the Federal District (Comsefaz), Rafael Fonteles. “They will not stay, if any changes are made to taxes, prices will continue at par with the international market. It has nothing to do with the tax issue ”, he guaranteed. The Bolsonaro administration’s proposal was handed over to the National Congress on Friday, 11. In previous situations, the President of the Republic defended the measure, considered a way to benefit truck drivers, who have threatened a strike in recent weeks.

For Fonteles, although it is valid, the debate about the reduction of taxes should happen within the tax reform. According to him, the proposal is already “mature”, with a report about to be presented. “It doesn’t solve price volatility. THE ICMS it is a municipal tax, the Union should be focused on federal taxes. Within the tax reform we can debate several other issues that are necessary to improve the chaotic tax system ”, he said. “We accept to debate about the fuel tax policy, but within the tax reform”, he said. When asked about a possible alternative for high fuels, the president of Comsefaz mentioned some countries that have mechanisms to amortize the price and “smooth” the variation and said that Brazil could also think of a device.

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Minister of Housing: 95% is the rate of completion of the development of “Ain Al Sira” … and 98% for the “Walk of the...

Dr. Assem Al-Jazzar, Minister of Housing, Utilities and Urban Communities, reviewed the executive position of a number of development...

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Unified ICMS will not decrease fuel prices, says Rafael Fonteles - Prime Time Zone