The law sanctioned by the Governor of Minas Gerais this Thursday (07) on taxes also covers other sources in addition to solar energy
The governor of Minas Gerais, Romeu Zema, from the New Party, sanctioned the law that guarantees exemption from the collection of ICMS taxes on equipment, pieces, parts and components that are used in the installation of micro systems for generating solar and distributed electricity in the State.
Read also
Law number 23762/2021, which was sanctioned without any veto, establishes that the State of Minas Gerais may grant this tax exemption ICMS for the generation of distributed solar energy, reducing the rate to 0%, after an agreement approved by Confaz. The proposal initially debated by the Legislative Assembly of Minas Gerais, in PL 4054/2017, advocated extending the ICMS exemption, created in 2017, to photovoltaic solar.
Valorization and stimulation of CNG
This law also guarantees that vehicles powered by vehicular natural gas (CNG) are exempt from IPVA taxes only for vehicles manufactured in the State. The Institute for Integrated Development of Minas Gerais (Indi) reported that: “Among the main anchors in the solar energy and vehicle sector, Fiat, which has operated in Betim since 1976, Mercedes-Benz, which settled in Juiz de Fora in 1999, and Iveco, which has been in Sete Lagoas since 2000”.
The State of Minas Gerais was one of those that stood out in the automobile sector, taking second place in the ranking, with 13% of the national production of vehicles. The new sanctioned law came into force on the 07th, according to the Official Gazette.
