Brazil proposes selective taxation of sugar-sweetened beverages and alcoholic beverages
Brazil
Jul 04, 2024
On the 10th of July, the Chamber of Deputies of Brazil voted in favor of the proposals for surcharges on processed foods and beverages, including a selective tax (IS in Portuguese).
The tax is intended to discourage the consumption of products considered "harmful to health and the environment". According to the current draft regulation, the IS covers sugar-sweetened beverages and alcoholic beverages.
The reformed regulation is now awaiting submission to the federal senate.
For further information (in Portuguese), click on the Link / Link