2023-09-04 15:37:00
The Federal Government recently authorized AliExpress to join the Remessa Segundo program, an initiative that establishes requirements for foreign companies that sell in Brazil. The approval of the Chinese giant was published in the Official Gazette of the Unionrepresenting an important step in the regularization of international trade in the country.
This authorization follows the previous approval of the North American startup Sinerlog in the Federal Revenue system. It is important to highlight that this certification is granted to Alibaba, the holding company that owns AliExpress.
What is the Conforming Shipping program?
The Consignment Remittance program was announced in June of this year, following the new tax rules for international purchases that came into effect on August 1st. One of these crucial changes was the elimination of the Import Tax rate on purchases of up to US$ 50, which is equivalent to approximately R$ 250 at the current exchange rate.
However, this measure came with a condition: foreign companies, such as Shopee, AliExpress and Shein, would only be entitled to tax exemption if they joined the Conforming Remittance program. This would require them to comply with several rules, including filing an import declaration, paying ICMS before the goods arrive, and disclosing the origin of the items and their total value to consumers.
In exchange for compliance with these rules, the Federal Revenue promises benefits, such as the immediate release of international purchases at customs. These changes aim to level the playing field between foreign and domestic companies and address Brazilian retailers’ concerns regarding unfair competition.
AliExpress: Join Conforming Shipping
Aliexpress adheres to Conforming Shipping
The government of President Luiz Inácio Lula da Silva authorized the inclusion of AliExpress in the Conforming Remittance program, an important step towards making international purchases more agile, secure and transparent. This certification was published in the Official Gazette of the Unionmaking AliExpress the second e-commerce company to join the program.
With this certification, AliExpress can obtain tax and customs benefits for goods sent to Brazil through international shipments. This includes applying a zero rate of import tax on purchases of up to US$50, potentially making products more affordable for consumers.
In addition, shipments certified by the program have priority in customs clearance, further streamlining the process. Previously, purchases of up to US$50 between legal entities and individuals were taxed, but there was tax exemption on remittances of the same amount between individuals.
How much is the tax on the products?
Aliexpress sent an opinion today by email, where it informed that the average import value will be 92% of the original value, opinion below:
For purchases below US$ 50, the government also established that the tax to be paid will be 17% (only ICMS, Tax on Circulation of Goods and Services). For purchases above this amount, the value remains 92% of the total.
Example: A purchase of U$100 will have an increase of 60% of the value (import tax) + ICMS (on the total value + import tax).
Purchase: U$100.00 Import tax (60%) = U$60.00 ICMS 17% = U$160 / (1-0.17 or 0.83) = U$192.77 How is ICMS calculated?
O ICMS calculation is 1 integer – 0.17 = 0.83then take the total product value + import txt e divide by 0.83thus totaling US$192.77, that is, 92% total taxation above the original amount paid.
If you understood correctly, you will see that we pay tax (ICMS) on 60% of import tax, in short, state tax is paid on federal tax.
In short, a purchase of R$491 will turn into R$947.25.
What changes?
These changes have direct implications for consumers. Prior to Conforming Shipping, some e-commerce companies sought to circumvent the law to obtain tax breaks on online purchases of up to $50, a benefit that applied only to transactions between individuals.
Now, with companies joining the Consignment Remittance, the import tax exemption is extended to all purchases under US$50. However, all remittances will incur a flat rate of 17% ICMS, a state tax.
For consumers, this can mean greater agility and a reduction in product delivery times, in addition to a possible reduction in total costs. Consignment Remessa platforms must also provide clear information regarding the charges related to the purchase, including the value of the merchandise, international freight, postage, import tax (on purchases over US$ 50) and ICMS.
These measures aim to ensure transparency and tax compliance, promoting a more equitable environment for all parties involved in international trade.
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