Report of the main text of the tax regulation indicates that the incidence of the “sin tax” will be on exports
The rapporteur of the main text of the tax reform regulation, senator (MDB-AM), declared this Monday (Dec 9, 2024) that a rate of 0.25% of the IS (Selective Tax) – known as “sin tax”– will focus on the extraction of mineral assets. The congressman’s preliminary report, however, indicates that taxation will be on exports.
“He [o Imposto Seletivo] it was placed as an export and, as such, is illegal. I made a small change: I transferred it to extraction, as required by the Constitution”, she said. Eis a do document (PDF – 3 MB).
Contrary to what he stated, Braga’s opinion says that “there is no incidence of IS on exports [de bens e serviços prejudiciais à saúde ou ao meio ambiente] abroad, except for the export of mineral goods extracted or produced”.
Elsewhere, the report states that the tax will be charged regardless of destination, which authorizes its incidence on products, even if exported. “Encumber the extraction of mineral assets in any situation, even when destined abroad”, states the text.
PLASTICS OUT OF THE “SIN TAX”
Braga also declared that he accepted the amendment that made disposable plastic items part of the IS. The congressman said he will make an errata to remove the measure from his report.
In the report, the senator justified the incidence of Styrofoam bags, cutlery, straws, cups, plates and trays because “Some experts are already warning that the planet, in ten years, will be unable to cope with the volume of plastic waste”.
With the exclusion of disposable plastic items, the “sin tax” will affect:
- vehicles;
- vessels and aircraft;
- smoking products;
- alcoholic beverages;
- sugary drinks;
- mineral goods, including mineral coal; and
- prediction contests and fantasy sport.
