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[POLITICS] · Brazil · 3 sources

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Vicentinho proposes 15% ICMS tax reduction on fuels in Tocantins

Vicentinho has announced plans to reduce the state ICMS tax on fuels by 15% as one of the initial measures of his government in Tocantins. The proposal aims to lower costs for producers, transporters, and consumers across the state.

In addition to fuel, the plan includes a 15% reduction in the ICMS applied to electricity. These measures are intended to boost economic activity and competitiveness by reducing the tax burden on families and businesses.

To fund these reductions, the administration intends to implement a 'Management 4.0' model. This strategy focuses on cutting expenses through digital transformation, automation, and the removal of bureaucratic processes to replace physical workflows with digital solutions.

Entities

Tocantins · Vicentinho