It was published last 06.07 the Provisional Measure 843/2018, which creates the Rota 2030 - Mobility and Logistics Program. The program was created with the objective of supporting the technological development, innovation and energy efficiency in the automotive sector.
According to initial information from the Government, the program will have a fiscal cost of up to R $ 1.5 billion per year, lasting 15 years.
Through Route 2030, vehicle assemblers can cut 10.2% of the amount they invest in research and development in the payment of IRPJ and CSLL. There is no benefit to the social contributions of Pis and Cofins.
Another regulation published on the same date is Decree 9.442 / 2018, which alters the Taxes on Industrialized Products Tax (IPI) only on vehicles equipped with hybrid and electric motors. The rate will be reduced from 25% to 7%. For other cars, there may be a reduction in the rate of 1 to 2 percentage points from 2023.
For more information, consult our tax department.
Milena Romero Rossin Garridoback