BrasíliaIndustry takes no hit yet from Brazil’s “sin tax”.

The tax was meant to charge makers of tobacco, alcohol and sugary drinks for health costs.

Provisional Measure 1,399/26, published Wednesday, sets rates at provisional fiscal neutrality, so Brazil’s government postponed the protections the reform promised.

Congress, where the opposition holds a majority, now decides the real impact in 2027.

How each outlet framed it
Agência Pública
emphasizes that the Selective Tax was defanged in practice: rates set, but protective measures deferred and industry impact left to 2027 Congress, where opposition holds majority

Sources: Agência Pública