STF maintains tax exemption rules for agrochemicals

The Supreme Federal Court (STF) decided this Thursday (18) to maintain the validity of the granting of fiscal benefits for agrochemicals. The Court judged two actions that were filed by the PV and PSOL parties. The parties questioned the validity of the Agreement No. 100 of 1997, of the National Council of Fiscal Policy (Confaz), and the Constitutional Amendment (EC) 132 of 2023. The rules allowed the application of a differentiated taxation regime for agrochemicals and a reduction of 60% in the rates of the Tax on Circulation of Goods and Services (ICMS) on the products. By 8 votes to 2, the Court judged the actions as unfounded and understood that the exemption of taxes on the commercialization of agrochemicals cannot be considered unconstitutional. The votes for the maintenance of ...