Brazil: Rio Grande do Sul government proposes ICMS exemption for artisanal cachaça

The government of Rio Grande do Sul announced that it will present to the National Council for Tax Policy (Confaz) a proposal to include the state's artisanal cachaça in the list of products that can be sold by small rural producers with exemption from the Tax on Circulation of Goods and Services (ICMS). The announcement was made during a meeting attended by Vice Governor Gabriel Souza, Secretary of Rural Development Vilson Covatti, and other authorities. Gabriel Souza, who in 2020 was responsible for creating the law that instituted the state program for artisanal cachaça from Rio Grande do Sul, highlighted the importance of the step taken. He recalled that in 2021, Governor Eduardo Leite regulated the law, and now the inclusion of artisanal cachaça in the Rio Grande do Sul producer's tax book will result in a significant reduction in taxes. "This measure is part of a larger effort to boost the economy of family agribusinesses and value artisanal products from our state," he ...