Bill wants to increase tax on live cattle exports in Brazil

Brazil’s House of Representatives is slated to discuss Bill 786/24, which proposes to raise the minimum export tax rate on live animals (cattle and horses) to 50%.

The author of the bill, Congressman Nilto Tatto argues that this measure aims to discourage the practice, often associated with animal suffering during transportation.

Currently, the basic export rate is 30%, which can be adjusted by the government according to the country’s economic and commercial needs.

Bill 786/24 excludes only non-profit operations, such as those destined for institutions that ensure animal welfare, from the tax increase.

According to him, the title of “largest exporter of live cattle in the world,” with more than 600 thousand heads sold annually, masks the animals’ suffering.

Bill 786/24 will be analyzed by the Committees on Agriculture, Livestock, Supply, and Rural Development; Environment and Sustainable Development; Finance and Taxation; and Constitution and Justice and Citizenship. After approval by the committees, the bill will proceed to the floor of the House of Representatives for final voting.

Source: Canal Rural

Click here to read the original news report: https://www.canalrural.com.br/pecuaria/boi/projeto-quer-aumentar-imposto-sobre-exportacao-de-gado-vivo/

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