The general rate of the Tax on Circulation of Goods and Services (ICMS) had not been modified for over 20 years. However, in December of last year, a Federal Law allowed its alteration with the justification of compensating the loss of collection resulting from the compulsory limitation to the general rate of ICMS levied on fuels, electric energy and telecommunications, which started to be treated as goods and essential services.
This change gave the States the prerogative to review their internal ICMS rates, allowing the change to 19% in the State of Paraná, and more than ten Brazilian states already have a Legal Basis and the date on which the new rate will come into force, reaching up to 22%. “This change in the internal rate will directly reflect on the composition of cost and pricing of goods, so who should feel the greatest impact is the final consumer”, says the tax and fiscal consultant, Carla Luciana da Silveira, from Escrilex Contabilidade.
In Paraná, the rate will increase from 18% to 19% as of 03/13, without changes for the collection of the State Fund for Combating and Eradicating Poverty (FECP). According to the State Government, the increase in the ICMS rate is necessary to recover revenues lost by the State, in view of the approval of Complementary Laws nº 192/22 and 194/22, which limited the taxation of ICMS on operations with fuels, natural gas, electricity, communications and public transport. “In addition, the government also raised the rate on special products, such as carbonated water and with sugar or flavoring, soft drinks, soft drinks, non-alcoholic beers and isotonic drinks from 18% to 20%”, informs Carla Luciana da Silveira.
According to the consultant, it is important to observe that the adjusted MVA’s, used in the ICMS/ST calculations, will be automatically changed, as well as the amount due as a difference in ICMS rates, both in the acquisition of materials and goods for use, consumption and assets, coming from another Federation unit, as well as the difference in ICMS rates due on interstate departure destined for non-ICMS taxpayers.
What changes in practice?
As already mentioned, this change in the internal tax rate in the State of Paraná is directly reflected in the composition of the cost and pricing of goods, so it is the end consumer who should feel the greatest impact. An item that has a sale value of R$ 10.00, its value without ICMS (currently 18%) would be R$ 8.20; following changing the rate from 18% to 19%, that same item that was sold for R$ 10.00 will be sold to the final consumer for R$ 10.12.
“In view of the importance of this alteration in the legislation of the state of Paraná, as well as in other 11 states, it is important that the entrepreneur seeks clarification from accounting professionals to consider these alterations, with special attention in the composition of the cost and pricing of the merchandise” , concludes Carla Luciana da Silveira, the Tax and Fiscal Consultant at Escrilex Contabilidade.
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