- 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.
Latest Posts in "Brazil"
- Mandatory National Electronic Service Invoice (NFS-e) for Micro and Small Enterprises Starting September 2026
- Brazil Updates e-Invoice Rules: New VAT, Credit Note Types, and MEI Validation from 2026
- Brazil Overhauls Indirect Tax System with New Dual VAT (CBS/IBS)
- PAA Model for NF-e/NFC-e: Rules, Responsibilities, Digital Signatures, and Implementation Timeline
- Brazil NF-e/NFC-e: Alphanumeric CNPJ Update, Schema Changes, Timeline, and Impacted Parties
