Brazilian Bill Aims to Eliminate Taxes on the Import and Sale of Electric Cars

Written by Valdemar Medeiros

Published on 10/12/2020 at 11:51

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We Know That Electric Cars Can Be A Great Alternative For Transportation, They Are Much Quieter And Also Favor The Environment, But Import Taxes End Up Preventing This, Considering That A Brazilian Bill Was Created.

The Bill 5308/20 Exempts The Tax On Industrialized Products (IPI) For Imports And The Sale Of Electric Or Hybrid Cars. The Bill Also Guarantees A Total Reduction To Zero Of The Rates Of PIS/Pasep And Cofins Applicable To Imports And On The Gross Revenue From Sales In The Domestic Market Of Electric Cars And Vehicles Of This Model.

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In Relation To The Year 2019, There Was A 21% Decrease Referring To 28,421 Imported Cars.

Deputy Launches Proposal For Zero Taxes On The Importation Of Electric Cars

The Proposal Is Designed By Deputy Luiz Nishimori From (PL-PR), And Is Undergoing Processing In The Chamber Of Deputies. With The Measure, He Aims To Encourage The Search For Electric Cars In Brazil, Making Prices More Accessible, Eliminating Import Taxes, And Also Creating Room For Investments In The Sector And Generating More Jobs And Income.

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Brazilian Bill Aims to Eliminate Taxes on the Import and Sale of Electric Cars

We Know That Electric Cars Can Be A Great Alternative For Transportation, They Are Much Quieter And Also Favor The Environment, But Import Taxes End Up Preventing This, Considering That A Brazilian Bill Was Created.

Also Read

Deputy Launches Proposal For Zero Taxes On The Importation Of Electric Cars

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Brazilian Bill Aims to Eliminate Taxes on the Import and Sale of Electric Cars

We Know That Electric Cars Can Be A Great Alternative For Transportation, They Are Much Quieter And Also Favor The Environment, But Import Taxes End Up Preventing This, Considering That A Brazilian Bill Was Created.

Also Read

Deputy Launches Proposal For Zero Taxes On The Importation Of Electric Cars

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Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

Milei’s government launches surprise police operations on the streets of Argentina to hunt undocumented immigrants, but the government’s own data reveals that only 4% were irregular. Critics say it is a copy of Trump’s policy without real necessity.

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