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Tax law

Package anticrise: Government reduces taxes for cars, motorbikes and cement and increased taxation of cigarettes

This article was translated by an automatic translation system, and was therefore not reviewed by people.


 


Five days after launching a housing package of $ 34 billion, the federal government announced Monday that new measures anticrise, to encourage consumption. In addition to extend for three more months to reduce the Tax on Industrialized Products (IPI) for cars 0KM, the government extended the benefit to the sector of construction materials and determine the exemption from contributing to Social Security Financing (COFINS) for motorcycles up to 150 cars, which should reduce the price of two-wheeled vehicles by 3%. The measures will apply for three months and shall take effect from the publication in the Official Gazette of the Union, scheduled for this Tuesday.

Reflected in retail
For new cars and trucks, the lowest rates of IPI were worth since December. Like the cars, the construction materials will have different discounts according to the product. Cement, electric shower and paints, for example, had the IPI tax rate reduced to zero.

The major manufacturers of motorcycles of the Manaus Free Zone is not expressed, but measures have already begun to be reflected in the construction sector. Some networks even restamped its prices yesterday. Amoedo was the case in which, on average, lowered the value of items by 10%.

- Today (Monday) have also mobilize the commercial sector of the company to see which products in which it could apply the reduction - said Fabio Germano, director of Amoedo.

The commercial director of the House Show, Rodrigo Frazão believes that the networks will take the time to combine the tax rebate on. Therefore, prices may fall by 10%, such as Amoedo.

The general director of C & C, Jorge Gonçalves Filho, said the advantage of this package was to have benefited from the retail.

- The package housing attended the building, but left out those who want reform or build on their own. Now, will all be met.

Avoids falling car market, 30%
The automobile sector to avoid a 30% drop in sales with the continued reduction of the IPI, said the National Association of Automotive Vehicle Manufacturers (Anfavea). According to the chairman of the association, Jackson Schneider, the package of government is "extremely positive" to keep the business and production heated. The expectation is that the Anfavea the first quarter of this year, which ends today, has the result of the same period in 2008, with 650 thousand vehicles produced.

In utilities, the government's decision was received with relief. One of the managers of the network Azzurra, Rafael Gonçalves, noted that price increases could soon lead the market in the same situation pictures end of last year.

- Not only the issue of price, but consumer confidence, it is difficult to be conquered - explained Gonçalves.

Taking advantage of the chance

The retired Ronaldo Fernandes, 54 years, changed the car, in this Monday, thinking the end of the reduction of the IPI. He chose a Renault Sandero 0KM, attracted by the lowest price.

- I think my car would be U.S. $ 3 to U.S. $ 4 thousand more expensive, if it were the tax. This difference difficult to purchase. I do not know if it would - said.

Two wheels cheaper and easier to buy

The suspension of the collection of motorcycles in COFINS was received with enthusiasm by the industry. The manager of the Motorcycle Tips, in downtown Rio, Marcelo Ramalho, said that sales will improve if this difference is passed to the consumer. According to him, it arrived in good time, as sales this year are 50% lower than those of 2008.

- I believe the effect will be the same as occurred in the car. We can not return to what it was before, but the scenario is not so bad - Ramalho said.

In a note, the Brazilian Association of Manufacturers of Motorcycles, mopeds, motor scooter, Bicycles and Similar (Abraciclo) noted that measures to support the federal government to small banks will increase the supply of credit, which also heat sales. According to Ramalho, this initiative is fundamental to the business because many consumers fail to purchase the vehicles due to lack of funding:

- First of ten proposals, seven were accepted for funding. Today there are only three in that universe.

Opportunity to exchange

The news is especially good for people like Rodrigo motoboy Tables of 26 years. Until today, he changed his bike year 2000 because of price and terms of payment:

- It may be that the price drop and I can change the bike. Currently, it is impossible.

Less smoke, more revenue

To compensate for the loss of annual revenue with the exemption of taxes, the order of $ 1.5 billion, the government will increase the cigarette tax, which should enhance the price of the pack in up to 30%, according to Minister of Finance , Guido Mantega. In this case, the adjustment will come into force on May 1.

With increasing rate of PIS and COFINS for cigarettes, is expected to have an extra revenue of $ 415 million this year and U.S. $ 790 million in 2010. With the higher IPI, the government will take additional $ 560 million in 2009 and U.S. $ 750 million next year.

Among smokers, the increase of taxes created controversy. The operator of telemarketing Sandro Matheus, 26 years, does not believe that this is the best way to reduce consumption:

- If I stop, not because of it.

Henrique Teixeira, 26 years, plans to reduce the cosnumo because of the increase in prices. But he says that the adjustment will not eliminate the bias among the population.

- People will end up opting for cheaper brands - said.



Source: Extra Online

This article was translated by an automatic translation system, and was therefore not reviewed by people.

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