Gasoline price at gas stations should rise by R$ 0.25 per liter with recharging, says Abicom

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Calculations consider the total impact of the return of PIS/Cofins on gasoline, which will be R$ 0.47 per liter, and on ethanol, R$ 0.02, as announced this Tuesday by Fernando Haddad. Gasoline prices sold at gas stations across the country have been on the rise for two consecutive weeks Getty Images of Fuel Importers (Abicom). The resumption of the collection of PIS/Cofins on the product was announced this Tuesday (28) by the Minister of Finance, Fernando Haddad (PT). Cide, a federal tax that was also under discussion, will remain zero until the end of the year. Abicom’s calculations consider the total impact of the re-encumbrance on gasoline, which will be BRL 0.47 per liter, and on ethanol, BRL 0.02, according to Haddad’s announcement. The account is as follows: There is an increase of R$ 0.47 of PIS/Cofins on gasoline, plus R$ 0.02 of the same taxes on anhydrous ethanol. The mixture at the station pumps has 73% gasoline. They are, therefore, 73% of R$ 0.47 added to 27% of the R$ 0.02 referring to ethanol, explains the president of Abicom, Sergio Araújo. “On this amount, which still amounts to R$ 0.3485, you deduct Petrobras’ price reduction, which is R$ 0.13 for the gasoline that leaves the refinery. As 73% of this gasoline is in the gas station, impact will be BRL 0.09. With that, we reached BRL 0.25”, he concludes. Return of federal taxes After meetings and deadlocks between the political wing and the economic wing on the subject, ministers Fernando Haddad (Finance) and Alexandre Silveira (Mines and Energy) detailed this Tuesday how the return of federal taxes on gasoline will be and ethanol, starting this Wednesday (1st). According to Haddad, the re-encumbrance will be: R$ 0.47 for gasoline; BRL 0.02 for ethanol. According to the Secretary of the Federal Revenue, Robinson Barreirinhas, the partial reinstatement of taxes is valid for four months, until June. In other words, taxes may rise even more in July, as the rates in effect before the exemption, which are higher, will once again be practiced. According to the Secretary of the Federal Revenue, Robinson Barreirinhas, the partial reinstatement of taxes is valid for four months, until June. In other words, taxes may rise even more in July, as the rates in effect before the exemption, which are higher, will once again be practiced.

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