Arm wrestling reaches the courts

By ETCO

Source: ETCO Magazine, No. 7, 09/2007

ETCO Magazine / DisclosureA portion of the manufacturers of
soft drinks with the IRS to avoid the obligation to install
flow meters. According to the IRS, this equipment has the function of
avoid tax evasion and are an important tool for maintaining equity
in the sector with the collection of the ad rem tax (which is levied per unit of
product).


The large industries in the sector have already adapted and medium-sized companies
deadline until May 31 to comply with the requirement, but the Association of
Soft drink manufacturers in Brazil (Afrebras) filed a lawsuit in the
Justice at the end of March to escape the measure, claiming that companies did not
can afford to install the equipment.



View the full article published in the issue no. 7 da
ETCO Magazine