Senate leaves for 2015 ICMS reform

By ETCO
18/12/2014

 

Meeting between Senators and the future Minister of Finance, Joaquim Levy
Meeting between Senators and the future Minister of Finance, Joaquim Levy

After a meeting of senators from the government and opposition base with the future Minister of Finance, Joaquim Levy, the vote on the bill (PLS 130/14) that allows states and the Federal District to legalize tax incentives questioned in actions in the Supreme Federal Court (STF) stayed for next year. The proposal is part of the so-called ICMS Reform (Tax on Operations related to the Circulation of Goods and Provision of Interstate and Intermunicipal Transport and Communication Services).

PLS 130/2014 was the first item on the agenda of the extraordinary session of the Senate scheduled for shortly after the meeting with Levy. The proposal was approved by the Economic Affairs Committee (CAE) last week, in the form of a substitute presented by Senator Luiz Henrique (PMDB-SC), but there was still no consensus for voting in plenary.

Source: Agência Brasil (18/12)

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