ICMS credit: rural producers in Goiás can recover ICMS paid in error
In September, Judge Dr. André Igo Mota de Carvalho, of the Orizona/GO District Court, ruled in favor of a rural producer, allowing him to recover ICMS amounts unduly charged on electricity consumption on his property. The rural producer asked for the amounts unduly paid back, considering that the rate charged by the state exceeded the […]
The tax transaction revolution in Brazil
Recently, the Federal Attorney General’s Office (AGU) revealed that tax settlements were the mechanism that allowed it to recover almost 43% of the amounts negotiated by the National Treasury Attorney General’s Office (PGFN) in 2023. They amounted to R$20.7 billion of the R$48.3 billion raised by the government agency. This amount is 46.8% higher than […]
Tax reform: tax changes could increase GDP by up to 8% in 10 years, says study
A recent study by Tendências Consultoria points out that, over ten years, reform could add between 4% and 8% to aggregate GDP growth. A basic scenario (with more challenging macroeconomic normalization) and an optimistic one (government recovers political capital and deepens reforms) are taken into account. In a pessimistic scenario (with a crisis of internal […]
Tax reform: production will improve, but first the economy will live with the bureaucracy of 2 regimes
With regard to the Tax Reform, there is consensus among analysts that the industrial sector will gain the most from the reduction in operating costs, the tax burden, greater legal certainty and improved productivity. On the other hand, the services sector is also unanimous as being the most affected, as its taxes will increase. In […]
Incentives for industrial modernisation: understand accelerated depreciation in Law 14.871/2024
The Federal Government has sanctioned Law No. 14,871/2024, which authorises companies that opt for real profit to use accelerated depreciation for new machinery, equipment, apparatus and instruments destined for fixed assets. The sectors benefiting from this depreciation rule will be listed in a Decree to be issued by the Executive Branch. Check out the details! […]
Tax transaction in São Paulo: opportunity for companies to settle ICMS debts
For a long time, São Paulo taxpayers had been asking the state tax authorities to implement a special program to settle their ICMS debts. In December 2023, the São Paulo Tax Transaction was instituted, delegating responsibility for regulating the process to the São Paulo State Attorney General’s Office (PGE-SP) through State Law No. 17,843/23. In […]
Taxpayers and lawyers work on new theses to challenge ICMS Difal
In an interview with Jota journalist Carolina Ingizza, Angelo Ambrizzi, head of our tax department, commented on the legal disputes surrounding the collection of the ICMS rate differential – Difal. Difal is charged on interstate transactions involving the sale of goods and services to recipients who are not ICMS taxpayers. However, its collection is questioned […]
E-commerce: what changes with the Tax Reform?
The approved Tax Reform substantially changed the Brazilian taxation model, completely transforming the national tax collection system. During the period of approval of the final text, all sectors were aware of the possible impacts, since the Reform directly and globally affects the country’s economy. Among these sectors, e-commerce is one that deserves to be highlighted. […]
Automotive industry: what will change with the Tax Reform?
The automotive sector has always received important tax incentives because vehicles are essential for urban mobility and because of the social interest in the automotive industry, which is one of the most important sectors of the Brazilian economy. The main benefits include: However, as you know, the initial idea of the Tax Reform is to […]
STF hears new appeal on ICMS on the transfer of goods between branches
In an interview with journalist Marcela Villar, from Valor Econômico, Angelo Ambrizzi, head of our tax area, commented on the judgment of the new appeal in a lawsuit filed by Sindicom on the levying of ICMS on the transfer of goods between branches. When the STF ruled on the issue in 2021, it was decided […]
