Brazilian Taxes Scare! Data Shows That 50% of Companies' Expenses Are With Electric Sector Taxes

Brazilian Taxes Scare! Data Shows That 50% of Companies’ Expenses Are With Electric Sector Taxes

Written by Daiane Souza

Published on 29/04/2022 at 13:41

Impostos do Brasil assustam! Dados mostram que 50% dos gastos das empresas são com tributos do setor elétrico – Fonte: Canvas

Be the first to react!

A report raised in 2021 by the Caribbean Statistics Survey shows that Brazilian taxes are up to five times higher than those of neighboring countries with the same development index and inflation. Brazilians complain because they are not seeing the results of so many taxes. In our country, we pay on food, salaries, drinks, fuels, and even the purchase of a car. And, according to experts, it is the excessive taxation from the Federal Revenue that makes the situation of the electricity sector in Brazil even more complex.

According to a survey shared via a press advisory, raised by PwC and the Acende Brasil Institute, it is estimated that the taxes charged in the electricity sector in our country account for at least 50% of all the expenses that brands incur in producing their products.

This excessive taxation delays the entry of cars with this type of technology even further: there is no incentive from the Revenue for greater sustainability and practicality in traffic, as well as the reduction of carbon dioxide emissions, one of the main causes of the greenhouse effect.

IMDT has a video that covers more about the contradictions of taxation in the electricity sector, check out the material below

The Electric Car Sector Is a Way to Restart the Economy, But Is Being Blocked on All Sides

Data shared by the Ministry of Mines and Energy shows that it is estimated that at least R$ 400 billion circulates in the electricity sector each year. In other words, companies are paying high taxes for production just because of the energy used, which differently impacts the consumer’s pocket as with rising inflation.

ARTICLE CONTINUES BELOW

Brazilian Taxes Scare! Data Shows That 50% of Companies’ Expenses Are With Electric Sector Taxes

IMDT has a video that covers more about the contradictions of taxation in the electricity sector, check out the material below

The Electric Car Sector Is a Way to Restart the Economy, But Is Being Blocked on All Sides

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

BYD Atto 2 DM-i flex prepares to debut in Brazil with a plug-in hybrid engine, national assembly in Camaçari, competitive pricing, and targets Creta and T-Cross in a battle that promises to heat up the compact SUV market.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

Noise in the sky frightened residents: NASA confirms that a meteor exploded over New England with a force equivalent to 230 tons of TNT

The paycheck that seemed impossible: São José employee receives R$ 7.94 after legal strike, while deductions by the City Hall affect over a thousand employees and become a target of inquiry in the City Council.

Brazilian Taxes Scare! Data Shows That 50% of Companies’ Expenses Are With Electric Sector Taxes

IMDT has a video that covers more about the contradictions of taxation in the electricity sector, check out the material below

The Electric Car Sector Is a Way to Restart the Economy, But Is Being Blocked on All Sides

The Price of Electricity Is Scary – and Taxes Are a Large Part of This Share

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

The labor shortage has changed its face in Brazil: companies hire 80% more, but workers stay only 6.8 months in the job, the service market becomes a “revolving door,” and businesses spend increasingly more to train teams that soon leave.

Chinese giant chooses SC to set up its first factory in Brazil, investing R$ 250 million and producing MRI machines costing R$ 10 million each, with 100 direct jobs and 5% of revenue allocated to research.

After selling a unit for R$ 115 million to pay off debts, a traditional factory in SC founded in 1932 has a new R$ 64.8 million plan denied by the court and retains about 690 workers in Joinville.

Use of slimming pens skyrockets in Brazil, surpasses the global average, and causes unexpected changes in consumption habits, diet, beauty, and the wellness market.

For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

BYD Atto 2 DM-i flex prepares to debut in Brazil with a plug-in hybrid engine, national assembly in Camaçari, competitive pricing, and targets Creta and T-Cross in a battle that promises to heat up the compact SUV market.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

Noise in the sky frightened residents: NASA confirms that a meteor exploded over New England with a force equivalent to 230 tons of TNT

The paycheck that seemed impossible: São José employee receives R$ 7.94 after legal strike, while deductions by the City Hall affect over a thousand employees and become a target of inquiry in the City Council.