Brazil tax reform sparks stir over meat tax

Published 2024년 7월 4일

Tridge summary

The Brazilian legislature's working group on the Complementary Law Project 68/2024, which outlines the country's tax reform, is debating the inclusion of meat in the tax-free basic basket. This comes after initial criticism for leaving meat out of the exempted items. The president, Luiz Inácio Lula da Silva, has suggested separating meat from chicken for taxation, arguing that chicken is the protein of choice for the masses. The final decision on which items will be exempt or taxed is still under discussion.

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Original content

Fax Meat|The deputies of the working group of the Complementary Law Project (PLP) 68/2024, which addresses Brazil's tax reform, must include meat in the basic tax-free basket. The discussion may continue until the text is debated in the full chamber. Initially, the government left meats, such as beef and chicken, out of the list of exempt items, which generated criticism from agribusiness and supermarkets, which defend a broader basket. In the original text, meat would have a 60% tax reduction, but it would not be completely exempt. President Luiz Inácio Lula da Silva (PT) defended the inclusion of only chicken meat in the basic food basket, highlighting that it is the protein consumed by "the people." “I think we have to mediate. You have meat that only people of high standards consume and you have meat that people consume. Therefore, you can separate meat from chicken, not tax chicken. Chicken ...

Source: Elagro