Novo goes to court to suspend crude oil export tax

The Novo party joined the PL and also went to court, this Wednesday (8), asking for a precautionary measure to suspend the collection of the crude oil export tax adopted by the federal government at the beginning of the month.

According to Eduardo Ribeiro, president of Novo, the Direct Action of Unconstitutionality (ADI) filed at the Federal Supreme Court (STF) contests the adoption of the 9.2% tax rate for four months.

“The Executive branch changed an export tax through a subterfuge. There is a formal defect, as the rate could not be modified by a Provisional Measure and would need to respect the rule of precedence”, he said.

For him, the government “should be showing concern in reducing public machine expenses and not in raising taxes”. Ribeiro explains that the provisional measure that changes the tax does not justify the adoption of the tax, which would be valid in case of shortages.

“It did not happen because there is currently no such supply problem. It is known that, on the contrary, the processing capacity of Brazil is much lower than the extraction capacity of these products, that is, even with this measure, no increase in the Brazilian production of fuels is expected”, clarified the party in the petition.

In the action, Novo also justified that “the measure constitutes a disincentive to exports, reducing the entry of dollars into the country and, thus, increasing its value, which contributes to the increase in inflation and, consequently, maintenance of interest rates at high levels , compromising the generation of jobs and income”.