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Health

House committee approves tax exemption for drugs

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





SAO PAULO - Medicines may be exempted from Cofins and Pis / Pasep. This is because the Commission of Social and Family Affairs, House of Representatives approved on Wednesday (16), as exempt these taxes RMP.

The Bill 6084/05, Mr Fernando de Fabinho (DEM-BA), provides for exemption of taxes for the purpose of increasing people's access to medicines.

The measure clears conclusive in character and still be considered by the committees of Finance and Taxation, and Constitution and Justice and Citizenship.

Access to medicine
For the author of the measure, the medications have high taxes and the tariff reduction will help increase access to medicines.

The rapporteur of the measure in committee, Mr Darcísio Perondi (OMDB-RS), considered the relevant measure, however, he points out that sales tax is the tax charged on most products.

He said the tax can represent up to 23.45% of the final product. "While 65% of total sales in the pharmaceutical sector is exempt from these taxes, we consider important to consolidate and extend this policy through a legal instrument," he said, according to the Agency Board.




Source: InfoMoney

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

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