End Of Tax Exemption Will Raise Transportation Fare By R$ 0.31 With A 0.2 Percentage Point Impact On IPCA.

Written by Paulo Nogueira

Published on 25/11/2023 at 00:57

Decisão afeta a recuperação financeira das empresas no pós-pandemia, alega Anatrip, associação do setor

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According to the industry association, Anatrip, the decision will have a significant impact on the financial recovery of companies in the post-pandemic period, bringing severe consequences for the sector.

The representative of Anatrip also states that the political wear resulting from the increase in public transport fares may make it more difficult for companies to transfer the costs of deregulation. ‘This could have a negative impact on the financial stability of the transport sector, potentially even resulting in difficulties for companies to meet their labor obligations’, says Oliveira.

According to Oliveira, the determination will have consequences for the financial recovery of companies after the pandemic. ‘We are returning to passenger levels of 2019 and moving towards recovering the investment capacity of companies; a cost increase will reverse this positive trend’, he explains. The executive believes that transferring the increase in expenses to the fare will have an impact that goes beyond transport companies. ‘Low-income populations will be affected by the fare increase, and companies that provide transportation vouchers will see an increase in expenses’.

This decision will affect not only transport companies but also the general population and companies that offer transportation vouchers.

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End of deregulation of Payroll Concerns Urban Transport Sector

The end of deregulation of payroll in the urban transport sector could have a significant impact on inflation, increasing by 0.2 percentage points, according to estimates from the National Association of Road Passenger Transport Companies (Anatrip). The executive secretary of Anatrip, Gabriel Oliveira, explains that “the re-regulation will result in increased costs that will be passed on to passenger fares”. According to him, “the presidential veto goes against the government’s measures to control inflation”.

On September 24th, President Luiz Inácio Lula da Silva fully vetoed PL 334/2023, which extends the so-called deregulation of payroll for 17 sectors of the economy, including road and metro passenger transport, for another four years. According to estimates from the urban transport sector, the re-regulation is expected to result in a 6.78% increase in total service costs, and as a result, an average fare adjustment for passengers of up to R$ 0.31.

Source: InfoMoney

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End Of Tax Exemption Will Raise Transportation Fare By R$ 0.31 With A 0.2 Percentage Point Impact On IPCA.

According to the industry association, Anatrip, the decision will have a significant impact on the financial recovery of companies in the post-pandemic period, bringing severe consequences for the sector.

End of deregulation of Payroll Concerns Urban Transport Sector

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End Of Tax Exemption Will Raise Transportation Fare By R$ 0.31 With A 0.2 Percentage Point Impact On IPCA.

According to the industry association, Anatrip, the decision will have a significant impact on the financial recovery of companies in the post-pandemic period, bringing severe consequences for the sector.

End of deregulation of Payroll Concerns Urban Transport Sector

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Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

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