FUELS: Léo Moraes supports CPI that will investigate prices and propose tax reductions

Léo Moraes’ Project provides for the main federal and state taxes on fuels – the Contribution to PIS/Pasep, Cofins and ICMS. Federal Deputy Léo Moraes (Podemos/RO) signed yesterday (6) the application presented by Deputy Nereu Crispim (PSL-RS), which proposes the creation and installation of a Parliamentary Inquiry Commission (CPI), aimed at investigating the reason for the high prices of cooking gas and fuels. At the same time, the Rondônia congressman presented a complementary bill that defines that the coefficients for the reduction of the Contribution to the PIS/Pasep and the Cofins levied on fuels be proportionally equal to the reduction in ICMS rates. In his justification, Léo Moraes says that the National Congress should take advantage of the opportunity in which the Federal Government itself promotes discussion on the need to reduce the load tax on fuels, to enable democratic solutions to the issue. The project presented by Léo Moraes seeks to “establish a regulatory framework that enables a joint effort between the Federal Union and the Member States to reduce taxation on these goods, whose price has a special impact on the Brazilian’s cost of living.” Its proposal provides for the automatic reduction of the main federal and state taxes on fuel – the Contribution to PIS/Pasep, Cofins and ICMS whenever there is a reduction by the Executive Branch. Moraes highlights the reconciled character of his project, which reconciles and incorporates the solution proposed by the Executive Branch through the Complementary Law Project No. 16 of 2021, as well as in the form of the public manifestations of the President of the Republic, which defends the need for a gradual and equitable reduction of taxes. The present project, on the other hand, wants to prevent any of the federated entities from being overwhelmed by the loss of revenue. CPI