ABCZ criticizes live cattle export tax
The Brazilian Association of Zebu Breeders (ABCZ) has sent a letter to the Minister of Development, Industry and Foreign Trade, Fernando Pimentel, criticizing the request made by the industry to tax live cattle exports.
The letter states that the entity "is convinced that taxing live animal exports will have a negative impact not only on domestic livestock, but on the whole industrial chain related to agribusiness, by bringing cattle prices down, which will considerably affects members who manage to produce quality products competitively for the domestic and international markets."
For the ABCZ, live animal exports are an alternative for Brazilian farmers, diluting their risks and leading to greater investment, especially in materials and technology, which generates greater economic growth, tax collection, jobs and helps keep people in the countryside.
Information provided by DBO