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A new legislative proposal is being considered in Brazil, with the objective of exempting citizens 60 years or older from the Tax on Industrialized Products (IPI) in the purchase of new vehicles. This measure aims to facilitate the access of the elderly to cars, as well as boosting the national automotive sector. The idea is that the exemption can be renewed every five years, allowing the elderly to keep their vehicles updated with less financial impact, according to the site Terra Brasil Notícias.
Elderly in the car / photo: depositphotos.com / comzeal
In addition to directly benefiting the elderly population, the proposal has the potential to stimulate the economy, promoting the circulation of new vehicles and encouraging job creation. By recognizing the importance of the elderly in the economy, the initiative seeks to broaden the reach of tax exemption policies.
