Public service

Commission approves bill that reduces the tax on electricity bills

10/08/2012

 


The Commission of Mines and Energy approved the Draft Law 3208/12 by Mr Valadares Filho (PSB-SE), which reduces to zero the rate of contribution to Social Security Financing (Cofins) on gross operating revenues of power supply electric. The proposal amends the Law 10.833/03, which deals with federal tax legislation.

The proposal rapporteur, Mr Angelo Agnolin (PDT-TO), made a change to the tax reduction may be approved by the House. Rather than take effect immediately, the law resulting from this project will be worth only for the next fiscal year, and the Executive should include the reduction in the calculation of the next budget bill being drafted.

Thus, the government can plan and, as noted Agnolin, the proposal will meet the Fiscal Responsibility Law (Supplementary Law 101/00). By law, all tax waiver must be accompanied by calculations of how much the government fails to collect and remedies.

In the composition of energy costs, fees and taxes represent 45% of the total, only about 7% for PIS / Cofins. Today, the country, there are 23 taxes and charges 13 (municipal, state and federal) on the power.

Agnolin noted that reducing the tax burden on energy was a campaign commitment of President Rousseff. He even quoted articles and interviews in which members of the government argue for a zero rate for Cofins. "The provision of tax exemption of electric bills that are now analyzed in line with the positioning of the federal government."

Conduct
The project also will be considered by the Committees on Finance and Taxation, and the Constitution and Justice and Citizenship. It will then be voted by the Plenary.



Source: Agency Board News

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