Alckmin says the government “will not give up taxes” to renovate industrial parks

Vice President Geraldo Alckmin (PSB), who is also Minister of Development, Industry, Commerce and Services (Mdic), said this Thursday (16) that the government is preparing an incentive package for the renewal of machines in Brazilian industries, but This does not mean that you will waive taxes already charged.

The statement was made during the launch of the new phase of the Brasil Mais Produtivo Program, which encourages the digital transformation of micro, small and medium-sized industries. There will be R$2.037 billion in resources for consultancy in the commerce, services and industry sectors, with the expectation of serving 200 thousand companies.

“The government will not give up the tax, it will give up the flow. In the first year, it reduces the collection of Income Tax and Social Contribution on Net Profit. To help change machines, unfortunately the industrial park is aging”, said Alckmin at the event.

According to the vice-president, the incentive package for the renewal of the industrial park does not yet have a launch date, but it will reorganize the collection of these taxes in the first years.

At the same event, Alckmin acknowledged that the tax reform will not reduce the country’s tax burden on industries, but should help the sector by eliminating the cumulative nature of taxes in the production chain. This, he says, will result in an increase in GDP (Gross Domestic Product) “of 12% to 15% in 15 years”.

Geraldo Alckmin also criticized the large number of exceptions proposed, and that the ideal would be the smallest volume possible. “Around the world, where there is VAT, there are exceptions. What we cannot do is have too many exceptions”, he said.