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Seven Brazilian states allowed to lift tax on intubation drugs

Brazil’s National Finance Policy Council allowed seven more states to exempt inputs used in hospitals to intubate Covid-19 patients from state goods and services tax ICMS. The decision aims at avoiding input shortages — and 23 of 27 states are now permitted to lower these taxes.

With Covid-19 patients getting progressively younger as vaccination coverage among senior citizens improves, hospitalizations are lasting longer — thus increasing hospitals’ demand for materials. Last week, three states recorded waning stocks of such drugs and inputs.

Lucas Berti

Lucas Berti covers international affairs — specialized in Latin American politics and markets. He has been published by Opera Mundi, Revista VIP, and The Intercept Brasil, among others.

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