The Law 10271/18, which proposes differential tax treatment for domestic and imported rice, is being analyzed in the Chamber of Deputies, in Brasília (DF). PL changes Law 10,925 / 04, which reduces to zero the rates of PIS / Cofins taxes levied on the importation and sale on the domestic market of cargo, bleached or burnished rice. Not in this list, the rice in shell and broken.
According to information from Agencia Câmara News, the proposal in the house, by Jerônimo Goergen (PP-RS), excludes imported rice from this tax benefit, while extending the exemption of PIS / Cofins for all species of rice sold on the domestic market. According to him, the idea is to minimize the comparative advantages that imported rice has.
“Rice producers are experiencing a serious crisis due to the high cost of producing grain in Brazil compared to that of Mercosur,” said Jerónimo Goergen. “In 2017, the sack of imported rice arrived in the country with an average value of 10 dollars, while the value of the national product reached 12 dollars.”
This text was translated by machine from Brazilian Portuguese.