New ICMS makes life difficult for small online stores, tax experts say
Division between states forces traders to make complex calculations.
Small Simples retailers will find it more difficult to adapt.
Many companies were taken by surprise by the rule of sharing the ICMS (Tax on the Circulation of Goods and Services) between the states, in force since the beginning of the year. Small businesses - especially those that operate in e-commerce and adopt Simples Nacional - will have more difficulties in adapting, assess tax experts heard by the G1.
Under the new rule, a São Paulo store that sells national wines over the internet to a consumer in Piauí now needs to share the tax collection with the state that receives the goods (see explanation below).
Source: G1 (18/01/16)
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