Judgment takes place in the virtual plenary of the STF| Photo: Carlos Moura/STF

The Federal Supreme Court (STF) formed a majority, this Friday (2), to ratify the compensation agreement signed between the federal government and the states on the loss of collection with the Tax on Circulation of Goods and Services (ICMS).

The analysis is being carried out in the virtual plenary of the Court, a format in which there is no debate between the magistrates. The session ends at 23:59 this Friday.

The ministers Gilmar Mendes, Cármen Lúcia, Rosa Weber, Edson Fachin, Dias Toffoli and Alexandre de Moraes voted to validate the agreement.

The Supreme decides whether to ratify the new amount for compensation, after the parties agree on the estimated loss of revenue. Of the R$ 26.9 billion agreed, R$ 4 billion must be paid by the Union later this year. The remainder is for 2025 and 2026.

So far, states and the DF have already obtained preliminary injunctions (provisional decisions) from the Supreme Court to suspend around R$ 9 billion in installments of debts with the Union, in order to compensate for the loss with the exemption of fuels.