Thursday, July 14, 2016

Lawmakers propose download hot drink tax

The Ministry of finance must assess a proposal drafted by lawmakers to lower the tax of hot drinks-like wines, cachaça and liqueurs – which were the target of raising the tax burden in 2015. The information is of gauchos who gathered on Wednesday (17/7) with the Minister of the Civil House, Eliseu Padilha, at the Presidential Palace.
According to federal deputy Afonso Hamm (PP-RS), Padilha said that undertook to make a bridge with the farm to assess the proposed numbers. In addition, the Minister stated that the Acting President Michel Temer is "sensitive" to the demand of the industry.
"There has been an increase over the top of the IPI tax burden and we should pull a plateau where the sectors will still contribute more. We will make presentation of the figures to the Ministry of finance, "he said.
According to him, the cachaça IPI tax rate today of 25% and 17% search. In the case of wines, the level is 10% and 6% in trading this year and 5% next year – same numbers of liquors.
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