News International Sugar Journal

Brazil – Setting a ceiling on ICMS tax on fuels will hurt the ethanol sector [Full subscriber]

President Bolsonaro’s administration recently passed a bill that sets a ceiling on ICMS (state tax) levied on fuel, electricity, telecommunications, and public transport services. According to Valor Economico, this may end up hurting sales of hydrous ethanol.…

Login or sign up

Create an account

Lost your password?

Tagged: , , ,