Most of the Brazilian states have already reduced a group of ICM on the basic basket even before the federal government fed the efforts of the conservatives to reduce the food price last week. to survey Estadão/broadcast Besides the states, it shows that at least at least 14 are already adopting different rates of these products and only one will implement the procedure after the government’s request.
The high cost of food has affected President Louise Insio Lula da Silva and the government for a series of measures to reduce inflationary pressure on these elements, and regional governments are charged to cooperate in this task and create a new point of tension with countries. The effectiveness of these measures is interrogated by experts.
S. Estadão/broadcast All countries sought to detail the ICMS collection on the basic basket. Until the publication of this text, 15 responded and Piauí will just amend the basic basket taxes after the government’s request. Fedan, Para, Rourima, Bahia, Maraho, Sergebe, Federal Province, Joya, Matto Grosu, Espereto Santo, Rio de Janeiro, São Paulo, Parana and Santa Katarina already or reduces the tax burden of products that make up the basic regional basket. Each state has independence to determine the list of beneficiaries.
The price of food is a stone in government shoes in early 2025, which is looking for a quick solution to a complex problem. Multiple factors have affected food drainage, such as breach of production, exchange and seasonal. To try to reduce prices, the government announced a list of measures that include taxes – reducing import tax on some elements and challenging conservatives to exempt basic basket – but in practice, these proposals must have a little impact on the final consumer.
The chief economist at MB Associados Sergio Val is that it is difficult for the government to obtain changes in food prices by provoking taxes. “It is not the issue of taxes here. Taxes have been reduced over the years in these products, and it has a little margin of exit on this side,” he noticed. In the event of an import tax, in addition to the declared tariff, the country is a major source, which reduces the effectiveness of management.
“We had much higher prices in the past and have never been interrogated as now. The government avoids doing what it needs, which is to inhibit the economy, and leaves the solutions that do not succeed. Since the crop will be good, the trend is that the prices grow less this year. The government will have a benefit for a reason that has nothing to do with the tax.”
The Vice President of the Class of the Tax Appeal Council (CARF) and a specialist in the tax law, Laércio Uliana, recalls that, to reduce ICMS for the basic family, the states need permission from the National Financial Policy Council (CONFAZ) and approval of measures in local gatherings. Although it is attractive guidelines with voters, he does not see opportunities for a significant reduction in the price of food only with this type of initiative. “It is worth remembering,” he says. “The price of the products is its scarcity.
Andrei Mendes Moreira, SCMD ADVOGADOS partner. And he notes that although there are similar effects, the mere management of prices and the rules of account is different from the exemption, whose privilege is more complicated and requires approval of specific legislation.
