Tag: Simple

Entities go to STF against new ICMS sharing for Simples

The director-president of the Brazilian Micro and Small Business Support Service (Sebrae), Guilherme Afif Domingos, said on Wednesday (20) that the National Trade Confederation (CNC) will file an injunction with the Federal Supreme Court ( STF) to suspend the application of the ICMS sharing rule (Tax on the Circulation of Goods and Services) between the states, in force since the beginning of the year, for companies enrolled in Simples Nacional, that is, with revenues of up to R $ 3,6 million per year.

According to Afif Domingos, the request for an injunction with suspensive effect from CNC will be signed by ten other entities. They are: Confederation of Commercial and Business Associations of Brazil (CACB), National Confederation of Shopkeepers (CNDL), National Confederation of Industry (CNI), National Federation of Accounting Service Companies (Fenacon), Brazilian Association of Commercial Automation (Afrac ), Brazilian Association of Electronic Commerce (ABComm), Commercial Association of Rio de Janeiro (ACRJ), Commercial Association of São Paulo (ACSP), Brazilian Chamber of Electronic Commerce (Camara-e.net) and Union of Accounting Services Companies ( Sescon-SP).

Source: G1 (20/01)

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Change in Simples will bring tax waiver of R $ 3,9 billion

Guilherme Afif Domingos, New Minister of Microenterprise.
Guilherme Afif Domingos, New Minister of Microenterprise.

The government will send Congress a package to make it easier to collect taxes from companies covered by the Simples Nacional program. According to the Minister of Micro and Small Business, Guilherme Afif Domingos, there will be a loss of annual revenue of 3,94 billion reais with these new measures proposed. This is because a “transition ramp” for tax collection will be created as the revenue of these companies grows. Thus, the government will stop charging a higher number of higher rates and reduce the contribution ranges within the Simples from twenty to seven.

"We are aware of the current fiscal precariousness, but we are sure that the growth of companies will offset the loss of revenue," said Afif. If approved by June, the new rules would become effective in 2016.

The Secretariat of Micro and Small Business calculates that, if businessmen from commerce, industry and services registered in Simples register an average growth of 4,2% per year, the eventual tax waiver would be zeroed out by the increase in collection resulting from the increase in revenue.

Source: Veja.com - 08/01

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