It was sent by the Executive Branch and seeks an exemption from the tax for one year. They will summon the commissions for next week to give them prompt treatment in the Chamber of Deputies.
The national government sent a bill to the National Congress with which it seeks to exempt from VAT tax and on Credits and Debits in bank accounts for the purchase of vaccines and disposables of national production that are intended to ensure coverage of injections to generate acquired immunity against COVID-19.
According to sources from the Legislative Palace, the project “will advance rapidly,” so it is expected that the Budget and Finance committee led by Carlos Heller, deputy from the Frente de Todos, will be summoned soon .
Source Infobae
Latest Posts in "Brazil"
- Brazil Advances Nationwide Electronic Invoicing Standard for Services, Set for 2026 Implementation
- Brazil Updates Digital Tax Bookkeeping System for ICMS and IPI with Error Corrections
- Brazil’s Tax Reform: E-Invoicing Overhaul and Split Payment Challenges for Global Companies
- Brazil Introduces Tax Incentives to Boost Datacentre Investment and IT Exports Under New Regimes
- São Paulo Eliminates ICMS Tax Substitution for Hundreds of Products Starting 2026
