In brief
Durigan said the Selective Tax MP will only be sent after the runoff.
The agreement with sectors was concluded.
What we know
04Verified fact
The Selective Tax applies to goods considered harmful to health or the environment.
Tax context.
Sources[01]
Transmission to assets
Market read-through
The MP delay keeps the tax burden on beverages, cigarettes and mining open until after the election, postponing a risk for those sectors' stocks.
Portfolio impact
01Delay keeps tax uncertainty.
Sector agreement softens rates.
What would change the view: High rates after the election.
Direction is an explanatory hypothesis, not a forecast or recommendation.
Next signals
What to watch
- MP submission after October 25
- Rates by sector
Limits of the reporting
What remains uncertain
- Rates have not yet been disclosed.