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Government will send MP of Selective Tax and renew grant to diesel

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 27/10/2026, 16:24:25 UTC.

Briefings

Brazilian Finance Minister Dario Durigan announced the federal government will send a Provisional Measure (MP) to the National Congress to establish the Imposto Seletivo (IS) tax, also known as the Imposto do Pecado, effective from 2027. The measure aims to discourage consumption of harmful products and activities. Diesel subsidies were renewed at R$ 2.12 per liter, valid for one month, to counter price increases.

Key points

• The Imposto Seletivo (IS) tax, also called Imposto do Pecado, will be implemented starting in 2027.
• The Provisional Measure (MP) to establish the IS tax will be sent to the National Congress in the coming days.

Context

Brazilian Finance Minister Dario Durigan confirmed the government will send the MP to the National Congress in the coming days, likely this week. The IS tax was approved alongside the tax reform and will be collected from 2027 to discourage consumption of harmful products and activities.

Limitations

Evidence covers only the announcement of the IS tax MP and diesel subsidy renewal. No specific legislative vote dates, exact congressional approval timeline, or detailed impact projections are provided.

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