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The newspaper says the exemption on imports worth up to $50 is in Congress’s view and could expire

The newspaper says the exemption on imports worth up to $50 is in Congress’s view and could expire

The National Congress is considering the possibility of putting an end to the federal tax exemption on imports of products worth up to 50 US dollars, and the possible termination of the tax benefits is included in the opinion of the Federal Representative Attila Lyra (PP-AL) on draft Law (PL) 914/2024, which deals with a completely different topic – the Green Mobility and Innovation Program (Mover), an initiative that provides financial credits to companies that invest in technological research, development and production.

The project is being urgently processed in the House of Representatives and could be voted on on Monday (6) or Tuesday (7), when legislative activities resume a week after the Labor Day holiday.

The parliamentarian’s justification for including the end of the tax exemption on imports worth up to $50 in the Al-Mowafir project is that the issue, which the industrial and retail sector has been discussing for months, has only found room for progress at this moment. Since the engine project also deals with imports, the topic has been included in the report.

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“We propose to eliminate the possibility of imports via postal shipment that are currently exempt, so as not to cause a disruption with products manufactured in Brazil, which pays all taxes,” the MP says in his opinion.

According to information received from the newspaper Economic valueThe inclusion of this point in the draft law was defended by the Speaker of the Council. Arthur Lira (PP-AL).

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Companies in the Brazilian retail sector and industries also support ending the exemption, claiming that international e-commerce will benefit from competition with national companies. President’s government Luiz Inacio Lula da Silva (PT) She tried to cancel the benefit last year, but abandoned the idea after receiving severe criticism on social media.

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According to the newspaper, the technical team of the Ministry of Finance is analyzing the matter. The Ministry’s concerns are that an eventual termination of the exemption could affect… Shipping matchingIt is a program created by the Federal Revenue Service to control imports made by individuals in Markets registered on the platform. So far, Remisa is a success.

Actor Attila Lira was appointed rapporteur for the project on Friday (3) and submitted his report on Saturday (4). The parliamentarian stated that he still had to make some “adjustments” to the text.

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The project creating Mover grants financial credits to companies that invest in technological research, development and production that also contribute to the decarbonization of the fleet of cars, buses and trucks. In total, credits worth R$19.3 billion need to be provided by 2028, which can be used to reduce federal taxes. The program provides for the creation of the National Fund for Industrial and Technological Development (FNDIT), with resources allocated to the automobile spare parts sector and other sectors of the automotive chain. The text has not yet been analyzed by the House of Representatives.