Executive sends selective tax guidelines and percentages to parliament for 2027
provisional measure details the taxation of items such as cigarettes, drinks and vehicles from February 2027.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM GAZETA DO POVO · 2 MIN
The federal government sent a Provisional Measure to the National Congress that establishes the rules and rates of the Selective Tax, with collection scheduled to begin on February 2, 2027, according to Gazeta do Povo. The tax will fall on cigarettes, drinks, vehicles, aircraft and sugary drinks, according to the facts found.
Despite the new charge, the executive secretary of the Ministry of Finance, Dario Durigan, stated that the tax will not change the global tax burden, as reported by Gazeta do Povo. The publication also highlighted that the regime will be temporary and will be in force for a period ending at the end of 2027, requiring that a legislative proposal containing the permanent percentages for the following year be filed with parliament by the last day of May of the same year 2027.
For the transition, the proposal foresees the replacement of the IPI, with the reduction of the rates of these items to zero, according to Gazeta do Povo. However, experts point out operational challenges. According to Tiago Carneiro, from Abe Advogados, the provisional measure requires conversion into law in the same year to come into effect the following year, and, in light of this, the federal government is planning a constitutional amendment aiming to extend the validity of the old industrial tax until the moment the new tax comes into effect, according to the newspaper.
The text of the provisional measure also establishes adjustment factors for imported products, set at 1 and 17 cents for vehicles, vessels and aircraft, and at 1.45 for alcoholic beverages, according to data released by the press vehicle and detailed by Felipe Peralta.
What changes for the investor
On the markets' radar, the arrival of the Selective Tax and the need for legal adjustments affect regulatory predictability for the affected sectors. Operators and managers monitor the impacts on the costs of companies listed on the stock exchange that manufacture or import the taxed items, in addition to evaluating the effects on inflation and the price dynamics of specific sectors. The fiscal transition brings new debates about the tax burden and the competitiveness of the Brazilian private sector.
Automatically translated from Portuguese.
