UNICA wants Brazil to reinstate ICMS tax policy

October 7, 2013 |

In Brazil, following a study by Fundação Getúlio Vargas (FGV) on behalf of UNICA, UNICA wants the ICMS tax policy reinstated in order to get back incentives for ethanol. The study says that re-implementing the policy will help to reduce inflation as well because the extra taxes levied on fossil fuels goes to subsidizing public bus fares.

Category: Policy

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