Aviation
Commercial /
Brazil
Cheaper fuel
Ministry of Infrastructure wants to reduce taxes
José PEDRO Magalhães Ramos
7/26/2020
In the context of the tax reform that is underway in the National Congress, an interesting possibility may be being created and may occur over time.
It would be the reduction of costs on the expensive jet fuel sold in Brazil. This reduction would be due to the withdrawal of some taxes that today affect the good.
it would be PIS / Cofins, which at the initiative of the Ministry of Infrastructure would no longer focus on fuels.
The idea is not unanimous, however. The Ministry of Economy is against the measure and instead proposes to unify the two rates into one, to be called CBS, Contribution on Services.
The removal of charges is attractive for airlines. Fuels represent around 40% of their costs, or even more. The PIS / Cofins account for about 7 cents per liter of the product, while its current price is around 3 reais per liter, slightly below the price of gasoline.
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José PEDRO Magalhães Ramos
He is a professional with almost four decades of experience in aviation. Having worked at Rio Sul and TAM in the 1980s and in the 1990's, joined Vasp where he spent 10 years in the Engineering area. He then created and operated the website www.aerospace.com.br for 4 years, now extinct and in 2004 he joined Gol, having stayed until 2017 and passed in various technical and business areas. Currently as a technical consultant still-and always-in the aviation area, he dedicates his private time to create and operate this our portal!
   
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