THE BRAZILIAN ‘ECOLOGICAL-ICMS’: A PES SCHEME BASED ON DISTRIBUTION OF TAX REVENUE

Authors

  • Matheus Linck Bassani Universidade Federal do Rio Grande do Sul

DOI:

https://doi.org/10.17768/pbl.y3.n3-4.p421-439

Abstract

The scope of this legal brief is to analyze the Brazilian legislation concerning the ‘Ecological-ICMS’, the ‘ecological’ State value-added tax imposed on the circulation of goods and services – ICMS. Using a deductive method, it was identified this tax mechanism operates as a type of ‘payment for ecosystem services’ (PES) scheme in practice, offering the possibility to stimulate environmental protection by distributing revenue from ICMS collected by States to Municipalities that promote conservation of ecosystems and biodiversity. This type of measure was motivated by the need to address challenges in providing economic compensation for Municipalities that undertook environmental protection measures in Brazil, and can serve as a form of positive incentive for the conservation and sustainable use of biodiversity.

 

Author Biography

Matheus Linck Bassani, Universidade Federal do Rio Grande do Sul

PHd Candidate and Master in International Law at Federal University of Rio Grande do Sul-UFRGS, Brazil. Post-graduated in Tax Law Specialization Course, at Instituto Brasileiro de Estudos Tributários - IBET. Visiting researcher of the Center for Energy, Petroleum and Mineral Law and Policy - CEPMLP, at University of Dundee, UK. Member of the Environmental Law Comission of OAB/RS. Attorney of Law. 

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Published

2015-11-01

How to Cite

Bassani, M. L. (2015). THE BRAZILIAN ‘ECOLOGICAL-ICMS’: A PES SCHEME BASED ON DISTRIBUTION OF TAX REVENUE. PANORAMA OF BRAZILIAN LAW, 3(3-4), 421–439. https://doi.org/10.17768/pbl.y3.n3-4.p421-439

Issue

Vol. 3 No. 3-4 (2015): PANORAMA OF BRAZILIAN LAW

Section

Articles

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