Financial Commission Examines 2025 Budget Bill
The Financial Commission of the People's Representatives Assembly (ARP) held a joint session with the National Council of Regions and Districts to discuss several measures included in the 2025 Budget Bill (PLF). Some proposals sparked debates, and after intense discussions, a few were rejected.
Reduction of Taxation on Rechargeable Hybrid Vehicles (Article 53)
One of the proposed measures was to reduce taxes on rechargeable hybrid vehicles as part of a fiscal policy aimed at aligning taxation with international environmental objectives. However, deputies emphasized the need to support the local industry of electric chargers and suggested removing tax breaks on these equipment. Consequently, this article was rejected by the commissions.
Reduction of Customs Duties on Solar Panels (Article 54)
Another measure aimed to reduce customs duties on solar panels to promote the adoption of alternative energies. However, deputies expressed concerns about the potential impact on the local industry, despite its competitiveness. This project was also rejected by the commissions.
Tax Exemption for Certain Real Estate Income (Article 33)
A modification to the article on real estate income taxation was proposed, aiming to increase the deduction of gross income for management fees to 25%. Although the article was modified and approved, it was not a total rejection, but rather a revision that led to a new version more favorable to small real estate investors.
