The rapporteur for ending the "blusinhas tax," Senator Leila Barros, decided to include in the text of the Provisional Measure a safeguard to protect the national industry, as a way to address pressure from business owners in the productive sector. The joint congressional committee is expected to vote today on the MP that zeros the 20% tax on international purchases of up to 50 dollars.
The tax exemption is maintained in the text, however the rapporteur will include a mechanism requiring the Ministry of Finance to monitor the impact of ending the tax on Brazilian commerce. The government argues that this economic analysis be conducted every three months during this initial phase, switching to semi-annually after that period.
If the monitoring proves that the productive sector is being harmed, the Ministry of Finance commits to sending a project to the Chamber of Deputies with mitigation measures to assist the national industry. One of the measures under study is the tax exemption on domestic purchases of up to 250 reais.
Yesterday, Senator Leila Barros met with representatives of the productive sector to discuss the issue.
