As the sector’s representative on strategic issues, ABIMED participated in a public hearing of the Tax Reform working party, on April 12th. The executive-president, Fernando Silveira Filho, spoke at the session in which representatives from the healthcare and education sectors took their stand.

He highlighted the particularities of the sector, which has exemptions and covenants signed over 25 years and a structuring of tax arrangements, with rates ranging from 2% to 68% and an average rate of 27.9% in the industrial segment and 32% in the supply segment.

For ABIMED, the Tax Reform must recognize the essence of the sector and meet the need for a convergent and neutral tax rate for the entire sector. “Besides being an importer, our country is not innovative enough to compete in the big markets.  In this sense, the tax issue must also cover the discussion about attracting national and international investments. Brazil needs to get back to integrating the supply chains that are in the process of changing and reallocating arrangements. This is a huge window of opportunity,” he concluded.

Check out the public hearing in the link: https://lnkd.in/di8PrUPZ