E-commerce estimates losses of R $ 5 billion with change in ICMS


The new tax rules on product sales over the internet are expected to reduce e-commerce revenue by R $ 5 billion this year, previously estimated at R $ 56,8 billion at the end of 2016, according to the Brazilian Electronic Commerce Association ( ABComm). The association argues that the sharing of the tax between the state of origin and destination of online sales, implemented on the last day of the 1st, has bureaucratized and stopped the operation of thousands of small virtual stores opting for Simples Nacional, and that the new system generates duplication and double taxation. Before, ICMS was charged only in the state of origin of the product.

Source: O Globo (28/01)

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