Minister announces stimulus for auto industry
JUSTIÇA DE SÃO PAULO DETERMINA QUE O MUNICIPIO AUTORIZE A EXPEDIÇÃO DE NOTAS FISCAIS ELETRÔNICAS.
9 de fevereiro de 2024
Por que Rússia deve crescer mais do que todos os países desenvolvidos, apesar de guerra e sanções, segundo o FMI
18 de abril de 2024Yesterday, the minister of Finance, Guido Mantega, announced a series of measures to boost sales in the auto industry. Taxes, such as the IPI, on manufactured goods, and the IOF, on financial transactions, will be reduced. The reductions will remain in effect until August, resulting in a total revenue loss of R$1.9 billion for the government (R$1 billion from lower IPI and R$900 million from the IOF during that period – with the IOF reduction to be extended for an indefinite period).
According to Mantega, the industry will offer counterpart reductions in prices. The automakers have also promised not to lay off workers.
