The meeting is part of a series of debates requested by the Committee's president, Senator Vanderlan Cardoso, to support the working group coordinated by Senator Izalci Lucas in the evaluation of the projects to regulate the tax reform (Constitutional Amendment 132).
The bill under analysis (PLP 68/2024), among other topics, provides for the replacement of five Brazilian taxes (ICMS, ISS, IPI, PIS and Cofins) by three: the Tax on Goods and Services (IBS), the Contribution on Goods and Services (CBS) and the Selective Tax, which will be levied on products such as alcoholic beverages, cigarettes, beverages with a high sugar content and combustion vehicles.
The tax reform also allows the collection of 1% of the Selective Tax on the extraction of non-renewable natural resources, such as minerals and oil. The regulation of the Selective Tax may also reduce or eliminate the rates for some type of specific product, which will be determined by subsequent ordinary law.
Among the segments indicated as subject to the application of the Selective Tax are sports betting and online gaming. Regulated this year, the sector was taxed at 12% on GGR and with the other taxes levied on any commercial activity, it should reach a tax burden of between 35% and 40%, one of the highest in the world.
The following were invited to the public hearing:
* Denise Lucena, attorney for the National Treasury;
* José Maria Arruda de Andrade, professor at the University of São Paulo (USP);
* Beto Simonetti, president of the Brazilian Bar Association (OAB);
* Márcio Holland, professor at the Getúlio Vargas Foundation (FGV);
* André Gelfi, president of the Brazilian Institute of Responsible Gaming (IBJR);
* Ana Helena Karnas Hoefel Pamplona, ??representative of the National Association of Games and Lotteries (ANJL);
* Rodrigo Terra, president of the Brazilian Association of Game Developers (Abragames);
* Menndel Macedo, legal director of the Brazil Asia Chamber (CBA);
* André Clemente Lara de Oliveira, advisor to the Federal District Court of Auditors (TCDF);
* João Hamilton Rech, tax auditor for the Brazilian Federal Revenue Service;
* Victor Bicca Neto, president of the Brazilian Association of Soft Drink and Non-Alcoholic Beverage Industries (ABIR);
* Rinaldo Mancin, representative of the Brazilian Mining Institute (Ibram);
* Felipe Kertesz Renault, director of the Brazilian Association of Financial Law (ABDF).
The interactive public hearing of the Economic Affairs Committee (CAE) is scheduled for next Tuesday (8), at 2 pm. Those interested in following the meeting or sending questions and comments to the participants should click here.
Source: GMB / Senate Agency
