Home / Knowledge / News / Textiles / 'Brazil govt may create tax regime for textiles & apparel'
'Brazil govt may create tax regime for textiles & apparel'
Nov '13
The Brazilian Government is examining the possibilities of creating a differential tax regime for textile and clothing sector of the country, especially in terms of the key proposal to include a ‘layette kit’, consisting of 39 products, which include bed, bath and home textiles, among the benefits of the federal program ‘Minha Casa Melhor’ (My Better House), one of the initiatives undertaken by Brazilian President Dilma Roussef, announced president of the Brazilian Agency for Industrial Development (ABDI), Mauro Borges.
According to a statement issued by the Brazilian Industrial Portal, the ABDI official was speaking at an event organized by the National Industrial Apprenticeship Service (SENAI) at the Technology Center of Chemical and Textile Industry (CETIQT).
The two proposals were submitted to the Government by the Brazilian Textile Industry Association (ABIT) with the objective of increasing competitiveness in the sector, which faces tough competition from international markets.
Mr. Borges said the ABDI would keep pushing the Government for the scheme next year, as the sector is highly relevant to the country and has a very large multiplier effect.
According to the ABIT, the rate of federal taxes on the textile and apparel products of the country rotate on an average between 18 to 22 percent, and it should be brought down to 6 percent. 
The ABIT has urged the Government to create a differentiated tax regime for the sector, even if it would be applicable for a temporary period of three to five years. During this period, the Government would be able to notice the changes brought on by the regime in the sector.
The ‘Minha Casa Melhor’ program is a special line of credit provided by the Brazilian Government through its housing program for citizens who wish to purchase home appliances and furniture, which includes purchases of home textiles. 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search