The article “Agribusiness and tax reform”, by Angelo Ambrizzi, head of the tax practice at Marcos Martins Advogados, is featured in Agrofy News.
The lawyer comments on the tax reform and the impacts it has had on the agribusiness sector, and explains that the Selective Tax, a tax created with the approval of the reform, could lead to an increase in the tax burden if pesticides are considered harmful to human health or the environment. Should this increase occur, the cost of inputs would be directly affected.
The expert also points out that for agribusiness, a total or partial reduction in the reference rate for some products or services is vitally important if the current tax burden is to be maintained or reduced.
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