Federal Government Proposes ICMS Suspension as Diesel Prices Hit R$ 7.49 in Santa Catarina

• Diesel prices in Santa Catarina have reached R$ 7.49 per liter.
• The federal government wants states to temporarily eliminate the ICMS tax on diesel to lower prices.
• Governor Jorginho Mello says Santa Catarina cannot make this decision alone; approval from Confaz (the National Council of Finance Secretaries) is required.
• The federal proposal includes states compensating for 50% of the tax revenue losses.
• Implementation depends on a national agreement among all states and the Federal District.

Source: en.clickpetroleoegas.com.br

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---