- A tax on products that harm health and the environment, known as the selective tax, could help reduce the rate of the new Value Added Tax (IVA) currently being discussed in Congress.
- The selective tax has become an important source of revenue in many countries, despite its original purpose of discouraging consumption of harmful products.
- The creation of a dual-type VAT, including the CBS and IBS, is being considered by parliamentarians, with a standard rate divided among them.
- The new selective tax could be levied on goods and services that are harmful to health and the environment.
- The list of products subject to this tax is expanding, with items such as tobacco, alcoholic beverages, fossil fuels, sugar, and plastics being targeted in various countries.
Source Folha
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