2023-11-13 04:20:00
Responding to the request of representatives of retail and industry, the Chamber of Deputies begins to articulate a bill that might end the federal exemption for international purchases of up to US$50.
The information was confirmed by Valor Econômico, and people who have access to the text say that it is supported by parliamentarians from the PP, PSD, PL and PT.
The idea of both Congress and the government itself is to establish a federal tax of 20% on purchases below US$50, and this rate must be added to the 17% ICMS.
The rule for purchases over US$50 must be maintained. In other words, federal rate of 60% + ICMS of 17%, and it is necessary to remember that the second tax is “calculated from within”.
Like the government, congressmen have been waiting for Remessa Conform to reach the mark of 100% of declared purchases before starting to process the bill. Even so, the text is already ready and has the necessary support to be voted on in the Chamber and the Senate.
For now, the Ministry of Finance does not comment on the matter, nor do representatives from Congress. Even so, tax is already taken for granted for all international purchases.
This is because there is pressure from various national segments and most companies are asking for “equality” to put an end to “unfair competition” from the Chinese.
On another front, an increase in the ICMS rate from 17.5% to 25% is also being studied by the Federal Revenue Service and the states.
It is worth remembering that the Conform Remittance program already allows the Revenue to have access to the volume of imports, sales distribution and prices charged. When declared purchases reach 100%, the agency will certainly be able to apply the new rate.
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