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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
carros elétricos - impostos - importação
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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.

It Is Common Knowledge That There Are Import Taxes, With Variable Rates Depending On The Tax Classification And Trade Agreements. The Percentage Ranges From 2%, In The Case Of Machinery, To 35% On Textile Products, Footwear, Or Automobiles; However, Imports From Mercosur Countries Are Exempt From Tariffs. In Other Words, Without The Import Tax Charges, This Technology Would Be Much More Accessible.

“When Comparing To Cars Powered Solely By Combustion Engines, Electric Cars And Other Vehicles Powered By Electricity Or Hybrid Systems Are Much More Efficient, Quieter, And Less Polluting,” Says Nishimori.

“Despite Their Benefits, The Market Is Still A Taboo In The Country. The Increase In Supply Mainly Occurs Among Luxury Brands – Out Of Reach For Most Brazilians.”

Valdemar Medeiros

Graduated in Journalism and Marketing, he is the author of over 20,000 articles that have reached millions of readers in Brazil and abroad. He has written for brands and media outlets such as 99, Natura, O Boticário, CPG – Click Petróleo e Gás, Agência Raccon, among others. A specialist in the Automotive Industry, Technology, Careers (employability and courses), Economy, and other topics. For contact and editorial suggestions: valdemarmedeiros4@gmail.com. We do not accept resumes!

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