What are the impacts of the proposal on public coffers?

[ishanijerin1]

The new ICMS law is viewed with concern by states and finance secretaries. To better understand the future impacts, one must first understand the history of transfers in recent years.

According to Fellipe Guerra , the states have colombia mobile database a surplus due to transfers during the pandemic and due to the recovery of industry, which boosts revenue through ICMS.

However, there are concerns on the part of the states about the situation.

“Governors and finance secretaries are concerned that by reducing this revenue, these accounts may not balance in the future. Today the coffers are full, but tomorrow this revenue may be essential for the state to pay its bills,” says Guerra.

Another point that warrants attention before the sanction is the loss of revenue for the states, which, in theory, would be compensated by the Union. According to Fellipe Guerra , the states estimate a loss of R$64 to R$83 billion with the measure.

How change reaches the consumer's pocket
Given the economic and political context, the change in the new ICMS should not minimize the impacts of inflation . On the contrary, the feeling of loss of purchasing power should continue until more significant changes are implemented, especially tax reform.

According to Fellipe Guerra , tax reform is unlikely to move forward given the political scenario caused by the election campaign. In this sense, debates and issues that should be discussed from a technical perspective are unlikely to move forward in the coming months.

“We really have to wait for the next chapters to see what will be decided, but the discussion is valid, since we have high inflation and high prices for these consumer goods, which are essential for the population. Therefore, the discussion is important so that the country can sustain itself economically,” concludes the doctor and professor at IPOG.

Therefore, the best way to keep up with the situation is to stay alert to the outcomes of these and other laws that may affect consumers. Here, on the IPOG blog , we always have new content about careers , professions and technologies applied to your area of ​​expertise.

[Ebook] How to plan financially for a postgraduate degree
Discover, in just 5 STEPS, what you need to do to ensure that the investment in your postgraduate degree fits your budget without requiring much effort!
Name*
Name *
E-mail*
Email *
Telephone*
+55
What is your area of ​​interest?*

Select
How long do you intend to take to complete an undergraduate or specialization course?*

Select
State*

Select
What is your level of education?*

Select
What type of course are you looking for?*

Select
Do you have any specialization?*

Select
What is your biggest professional and/or student need at the moment?*
What is your greatest professional and/or academic need at the moment? *
I agree to receive communications.
By providing my data, I agree to the Privacy Policy .

I want my content!

should_not_change
Meet IPOG
IPOG is an institution that focuses on developing future leaders in the job market, which is the result of the union between highly qualified teaching staff, unprecedented teaching methodologies and learning flexibility.

Among all the exclusive benefits of IPOG are:

teachers with a history of professional success;
renowned institution in the educational market;
international partnerships;
flexibility in classes;
97% satisfaction rate among graduates;
solid learning process;
focus on specialization and professional success.
Find out more about the courses available on the website or contact us via WhatsApp to ask questions.

Did you like this content about the ICMS ceiling law? Read other articles on our blog :
Labor reform ends payment of hours in itinere
Check out IPOG's best tips for a successful career transition
A bit of history: IPOG turns 20 and reveals the secret to becoming a reference