Decree extends tax exemption for QAV and biodiesel until July 31, aiming to contain prices

A decree from Governo Federal, published this Friday (29), extended the tax exemption on the sale and import of aviation kerosene (QAV) and biodiesel. The measure extends the tax benefit until July 31, 2026, seeking to alleviate inflationary pressures on fuels in the country. The action, initially scheduled to expire this Sunday (31), aims to offer significant economic relief to sectors dependent on these inputs.

Essa extension is part of a broader set of government actions aimed at mitigating rising fuel prices. The values ​​are driven by the rise in the price of oil, which is directly influenced by the ongoing war in Oriente Médio. The tax benefit represents a continuous effort to stabilize the national economy in the face of complex geopolitical scenarios.

Combate to rising prices and extension context

The decision to extend the tax exemption was taken at a crucial time of global economic instability. The war on Oriente Médio continues to impact supply chains and energy markets, placing constant pressure on oil costs. Governo Federal acts to protect consumers and companies from full transfers of these increases. The measure seeks to maintain the competitiveness of strategic sectors and the purchasing power of the population.

Understand the case: Increased aviation fuel pressures companies in Asia and raises commercial flight fares

The extension of the tax exemption on QAV and biodiesel is seen as an economic management tool. Ela allows the government to directly intervene in price formation. The intention is to prevent international volatility from translating into even greater shocks in the domestic market. Continuing the benefit until July offers a window of time for the global scenario to stabilize.

Impacto in the airline sector and operating costs

Aviation kerosene (AVQ) is a critical component for civil aviation, representing a substantial portion of airline operating costs. Associação Brasileira of Empresas Aéreas (Abear) reported that QAV represented around 45% of the sector’s total operating costs, following the increases announced by Petrobras last month. Este data highlights the relevance of the measure for the financial health of companies and, consequently, for the price of airline tickets.

On the same topic: Latam adjusts flights in Brazil and predicts impact of up to US$700 million

Manter the tax exemption on QAV helps to cushion the impacts of these increases. Isso allows airlines to operate with lower costs, avoiding full transfers to the consumer. The measure is essential to preserve the sustainability of the Brazilian airline sector. Ela also contributes to the accessibility of air transport in a period of economic challenges.

Pacote of measures to stabilize fuels

The extension of the exemption is one of the actions of a broader package, announced in April, by Governo Federal. Naquela On this occasion, several initiatives were announced to contain the impact of the global rise in oil prices on fuels. The central objective is to protect the Brazilian economy from fluctuations in the international energy market.

Segundo the minister of Planejamento, Bruno Moretti, the total cost of the announced measures is estimated at R$30.5 billion. Ele guaranteed that this amount will not have a negative impact on public accounts. Compensation will occur through other government revenues, such as revenue from diesel oil and oil royalties. Estes amounts are paid by companies that explore oil in the country, guaranteeing the fiscal balance of União.

Read also: War in Iran raises fuel prices and airlines cut routes and raise fares

Detalhes of government grants and benefits

The package of government actions includes the granting of subsidies, which are direct financial aid to reduce the price of some essential fuels. Esta strategy allows the government to act more punctually in specific categories. The focus is to alleviate the burden on consumers and companies in strategic sectors of the economy.

The measures announced by Governo Federal cover:
• Subvenção to diesel, both imported and produced in Brasil, to maintain its competitive price.
• Isenção of federal taxes on biodiesel, encouraging its use and national production.
• Subvenção to Gás Liquefeito of Petróleo (GLP), known as cooking gas, directly impacting the family budget.
• Subvenção to aviation kerosene (QAV), with the aim of reducing air transport costs.
• Estabelecimento of specific credit lines for the airline sector, supporting the recovery and modernization of companies.

The government continues to monitor the international scenario. Novas actions can be implemented to ensure the stability of fuel prices in the country. The price containment policy aims to ensure Brazilian economic resilience in the face of global adversities.