BRASILIA, Nov 2 (NNN-PRENSA LATINA) — President Luiz Inácio Lula da Silva signed a decree that will increase the so-called Tax on Industrialized Products (IPI) that will affect the sales of firearms and ammunition in Brazil.
The IPI rate will go from 29.25 to 55 percent, and will determine the increase in the tax that affects the marketing of revolvers, pistols, shotguns, hunting or target shooting rifles, pepper spray and cartridges.
The measure will take effect only from the first quarter of 2024.
With the increase in taxation, the Executive hopes to raise 342 million reais (about 68 million dollars) in 2024 with the sale of weapons and ammunition.
The federal government’s expectation is to make the population’s access to firearms and ammunition even more difficult.
Lula previously determined a decrease in the number of weapons that can be acquired by civilians, including hunters, shooters and collectors (CACs) with the objective of reducing the amount of weapons and ammunition that civilians can access for personal defense and that can be acquired by the CACs.
The decree prohibits carrying weapons and ammunition, restricts the operation of shooting clubs and resumes rules of distinction between weapons used by security agencies and by ordinary citizens.
The former administration issued more than 40 decrees to facilitate the acquisition of weapons by the civilian population. — NNN-PRENSA LATINA
