In brief

The government will send the Selective Tax measure this week.

The tax starts in 2027.

What we know

04

  1. Verified fact · material

    Minister Dario Durigan said on October 27, 2026 that the government should send Congress this week the Selective Tax provisional measure.

    Submission.

    Sources[01][02][03]

  2. Verified fact · material

    The Selective Tax will be charged from 2027.

    Start.

    Sources[01][02]

  3. Verified fact

    According to InfoMoney, the budget bill forecasts R$ 41.9 billion in revenue from the tax in 2027.

    Revenue.

    Sources[03]

  4. Verified fact

    According to InfoMoney, rates are still to be set.

    Rates.

    Sources[03]

Transmission to assets

Market read-through

The measure takes immediate effect, but rates must still be known to gauge sector impact.

Portfolio impact

01
Bebidas e tabaconegative

New tax raises product cost.

Moderate rates.

What would change the view: High rates.

sector15% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • Rates in the measure
  • Beverage and tobacco reaction

Limits of the reporting

What remains uncertain

  • Rates were not disclosed.

Full sources

03
01
Agência BrasilGoverno enviará MP do Imposto Seletivo e renova subvenção ao dieselindependent newsroom
02
Correio BrazilienseGoverno deve enviar MP do imposto do pecado nesta semana, adianta Duriganindependent newsroom
03
InfoMoneyGoverno Lula prepara envio do imposto do pecado ao Congresso nesta semanaindependent newsroom
06