Tax Incentives for Tobacco and Weapon Industry in Brazil

Business by 2FIRSTS.ai
Feb.05.2024
Tax Incentives for Tobacco and Weapon Industry in Brazil
Tobacco and weapon industries in Brazil received over 180 million reais in tax benefits in 2021, sparking public outrage.

According to a report from media outlet Metro1 on February 5th, companies in the tobacco and weapons industries received tax benefits totaling over 180 million Brazilian reais in 2021.

 

In the weapons industry, nine companies are benefiting, with CBC (Brazilian Ammunition Company) leading the pack with a discount of 95.4 million reais. Taurus follows closely in the second position with a discount of 30.3 million reais. In the tobacco industry, Tobacco House and Philip Morris, the manufacturer of Marlboro, have secured the largest discounts of approximately 9 million reais (around 13.03 million yuan).

 

According to data, 57% of the Brazilian public opposes providing tax benefits to industries that are harmful to health and the environment. The Ministry of Health also supports imposing higher taxes on these products. However, the national crackdown on piracy and illegal forums warns that increasing taxes may lead to an increase in smuggling risks.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

Singapore strengthens e-cigarette regulations: 656 people arrested for violations, over 170 advertisements removed
Singapore strengthens e-cigarette regulations: 656 people arrested for violations, over 170 advertisements removed
Singapore's Ministry of Health and Health Sciences Authority reported that from September 1st to 21st, 656 people were arrested for e-cigarette-related offenses, 44 of whom were found in possession of e-cigarettes containing etomidate. Furthermore, law enforcement agencies seized over 25,000 e-cigarette products and removed over 170 illegal online advertisements. The government emphasized that those who refuse to rehabilitate or are repeat offenders will face harsher penalties and encouraged the
Sep.28 by 2FIRSTS.ai
Supply Chain Research | 2Firsts Visits Dingli Group to Explore the Upgrade Path of the Novel Tobacco Industry
Supply Chain Research | 2Firsts Visits Dingli Group to Explore the Upgrade Path of the Novel Tobacco Industry
2Firsts visited Dingli Group on Sept 11 to boost collaboration in the novel-tobacco supply chain.
Sep.12 by 2FIRSTS.ai
Singapore's Narcotics Bureau cracked down on a criminal group smuggling etomidate-containing e-cigarettes for the first time, arresting 8 people and seizing a large number of cartridges
Singapore's Narcotics Bureau cracked down on a criminal group smuggling etomidate-containing e-cigarettes for the first time, arresting 8 people and seizing a large number of cartridges
CNB launches first major operation against e-liquid smuggling group in Singapore, arresting 7 men and 1 woman.
Sep.15 by 2FIRSTS.ai
InterTabac 2025 Insights|Germany’s Leading Distributor E-ZIGARETTEN-HANDELDE Reprises ELFBAR Core Lineup, With Open Systems Dominating
InterTabac 2025 Insights|Germany’s Leading Distributor E-ZIGARETTEN-HANDELDE Reprises ELFBAR Core Lineup, With Open Systems Dominating
At InterTabac 2025, Germany’s leading distributor E-ZIGARETTEN-HANDELDE again centered its exhibit on ELFBAR, keeping the same booth location and visual identity as in previous years, and handing out tote bags at the hall entrance—creating “walking billboards.” The display focused primarily on open-system products, complemented by pod systems and e-liquids, plus a small selection of open-system lines from other brands.
Sep.20 by 2FIRSTS.ai
Thailand's Lopburi province seized about $100,000 worth of e-cigarettes and arrested one suspect
Thailand's Lopburi province seized about $100,000 worth of e-cigarettes and arrested one suspect
Thai police have seized approximately 3.08 million baht (approximately US$100,000) worth of illegal e-cigarettes, suspected of tax evasion and illegal importation. The police have transferred the suspects and evidence to the Lopburi Provincial Police Station for further processing.
Sep.29 by 2FIRSTS.ai
South Korea’s KT&G Faces Mounting Cost Pressures: Imported Tobacco Leaf Prices Double in Four Years, Surpass Domestic Leaves for the First Time in 16 Years
South Korea’s KT&G Faces Mounting Cost Pressures: Imported Tobacco Leaf Prices Double in Four Years, Surpass Domestic Leaves for the First Time in 16 Years
South Korea’s KT&G, which relies on imported tobacco leaves for about 84% of its production, is under growing pressure as global leaf tobacco prices soar. In the first half of 2024, KT&G’s purchase price for imported tobacco leaves rose 8.4% year-on-year to KRW 11,000 per kg, surpassing domestic leaf prices for the first time in 16 years. Price hikes in Brazil and India are cited as the main drivers. KT&G plans to expand global production bases and cut processing costs to manage rising expenses.
Aug.25 by 2FIRSTS.ai