Bolsonaro creates decree and forces gas stations to publish Petrobras’ taxation and prices

Bolsonaro wants to show how much state tax interferes with fuel prices and forces posts to publish Petrobras’ taxation and prices

President Jair Bolsonaro, signed a decree published this Tuesday (23/02), in the Official Gazette, which obliges gas station owners to show federal taxes on a panel in a visible way to consumers and on the invoice, state and municipal prices and Petrobras prices. Stay in, Petrobras loses R$ 28 billion in market value in a single day, after changing the command of the state-owned company

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Bolsonaro wants to show that most fuel taxation is not focused on federal taxes, but on other taxes that are not within the competence of the Union.

The regional average value of fuels at the producer or importer must be informed, the reference price used for the collection of ICMS (Tax on Circulation of Goods and Services), which is charged by the states, and the value of the tax, in addition to of the value of PIS/Cofins and Cide, both charged by the Union.

In addition, service stations that practice “promotional tariffs” linked to loyalty programs must inform consumers of the promotional price, the real price and the value of the fuel discount.

By means of a note, the General Secretariat of the Presidency of the Republic informs that “the measure provides more clarity of the elements that result in the final price and will give an idea about the real reason for the price variation” and “strengthens one of the pillars of consumer protection , which is the right to information”.

Fuel stations across Brazil will have 30 days to comply with the decree

Gas stations will have 30 days to adapt and, therefore, the idea is that it will come into effect during the period of exemption from federal taxation on diesel, between March and April.

The problem is that double taxation on fuel makes life difficult for gas station owners, who rarely know how much they pay in ICMS. The computer systems contracted by traders only estimate the value.

Read the Decree in full by clicking here

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