Producers want review of tax incentives for cocoa imports in Brazil

Cocoa producers from the North and Northeast regions of Brazil defended this Wednesday (29) the review of drawback incentives for almond imports from African countries. They participated in a public hearing of the Senate of the Future Committee (CSF), requested by Senator Zequinha Marinho (PL-PA). The drawback is a special customs regime that provides for the suspension or elimination of taxes on the purchase of inputs used in the industrialization of products intended for export. According to the producers, the entry of African cocoa purchased by the domestic industry lowers the price of the commodity in Brazil and harms local farmers. — We are going to work to build an understanding with the Federal Revenue and the Ministry of Economy to see what is harming the producer — promised Senator Zequinha Marinho. Francisco Bezerra is president of the Cocoa Sector Chamber in Rondônia and director of Institutional and Governmental Relations of the National Association of Cocoa Producers ...