|
The Brazilian tax system is complex; it is one of the highest rates in the world. An efficient control of costs to keep competitiveness is important. We live in a global economy where internal and external competency is strong. Brazil has a prominent position concerning taxes. Specific management of tax incidence is vital for the success of any company. Assistance on legal impositions with lower costs is indispensable.
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
+55 41 3350 6078
When companies have to face inspection, it is imperative to have professionals who are knowledgeable about taxes and are provided with the right and required tax/technical clarification. The preventive assistance aims to avoid additional tax assessment as well as to facilitate the strategies of fiscal defenses, when such assessment takes place. Tax burden in Brazil is weighty. It makes it impossible for many companies to keep all their tax bonds updated. If your company is accumulating fiscal debits, an outline of a strategy for preventing it is fundamental. Financial costs of overdue taxes will be softened. Consult does a prior diagnosis for you. We can put forward alternative solutions. High tax burden imposed on legal entities in Brazil is something that triggers constant search for solutions to weigh it down. On many occasions companies do not purchase credits that they are entitled. Changes that happen periodically and compulsory judicial rules that are replete with branches prompt opportunities and generate rights to fiscal credits, especially for ICMS, IPI, PIS and COFINS. Consult verify the right fiscal classification of products developed by a company. A product fiscal classification allows us to know hat the applicable rate to the TIPI (IPI) and the TEC (Import TAX) is. A classification mistake may cause undue payments as well as changes in the final price of products. Examination of taxes, collection, also the fulfillment of accessory obligations demands special attention from companies. Knowing how to calculate, pay and inform correctly the competent agencies may avoid future problems like undue collecting, which shall be paid with charges or extra payments, and also be objects of reimbursement requests. The information checklist must be made before sending it to fisco, seeking to avoid future notices. Facing the great amount of taxes and the complex rules for examinations, collection and filling in of returns, we make ourselves available to assist companies in such hard task. Consult develop tax calculation regarding administrative and judicial procedures. Our professionals elaborate credit calculation for return requests or administrative reimbursement with competent agencies. Thus proposal of legal actions can be made, as well as calculations based on legal sentences, for statements of tax credit granted. The Federal Revenue Service and most of the States put available a sector to assist the taxpayers’ doubts regarding the tax legislation or classification of products. Our Company elaborate consultancy respecting all the legal impositions required, giving assistance with documents and following the process along with the competent agency. After previous analysis with our clients and their companies, we also help them to obtain the Special Rules The complexity of tax legislation in Brazil is frightening. Companies usually doubt about fiscal claim and tend to believe that it does not go together with the real state of the company. Consult develops studies on tax legislation, issuing reports on specific topics. Such reports are steadfast and unfaltering. Companies that check credits from federal taxes may request their refund or loss reimbursement as well as use them for compensation for debits related to taxes or contributions administered by the Federal Revenue Service. The refund, loss reimbursement and compensation of most checked credits must be done through the Federal Revenue Service Program called PER/DCOMP, which must be elaborated according to the legal policies. One of our main skills is to provide consultancy service regarding adoption of right procedures related to tax management in this context. The government of the State of Paraná has set up the System of Control and Use of Accumulated Credits - SISCRED that enables companies to transfer accumulated credits to third parties by virtue of deferred maneuver to the international market, with suspension of taxes or reduction on calculation basis. We work on the credence listing of transferor and transferee, credits homologation for transferences, mediation in transferences and assistance in credit appropriation. Taxes are set up to be collected, but in order to carry out other interests, the Union, States and Cities may forgo part of the tax collection aiming at granting incentives on specific activities (e.g.: implementation of new ventures, industrial and technological development, agricultural and cultural enhancement, etc.)CONSULT develops studies on these subjects to identify fiscal benefits available. These benefits may be of great interest for the company. The most popular ones follow: 1. Paraná Bom Emprego (PARANÁ): Aiming at enlarging the State industrialization and creating more jobs, this program focuses on companies from Paraná that promote implementation, expansion, industrial reactivation or the manufacturing of products that are unique. This program enables companies to pay from 50% to 90% of ICMS up to 48 months.2. Catarinense Company Development Program – PRODEC (Santa Catarina):The highlight of this program is to promote social-economic development in the state of Santa Catarina through expansion incentives in industrial and agricultural ventures that can generate jobs and revenue to the State. PRODEC is a long term working capital financing. Companies may be granted an incentive of 75% of the ICMS increment created exclusively by the new incentive which is approved by the Finance State Secretariat on special basis. This program enables companies to have up to 48 months shortage for each appropriate installment. 3. Programa Pró-Emprego (SANTA CATARINA) The program aims to incentive enterprises located in the state of Santa Catarina or companies considered as from relevant social-economic interest. Projects of implementation, expansion, reactivation, technological modernization, facilitation of export and import shall be benefited by the program; provided they are a priority to the social, economic and technological development of the State, and may generate jobs. It also covers enterprises whose corporate purpose is the installation, modernization and enlargement of port terminals, as well as the introduction and enlargement of projects to generate electrical energy and transmission lines. The program authorizes the deferment of ICMS in import of machinery, equipments, raw material and products, also the reduction of tax rate in further sales.In industry, it seeks importers, making use of rules to motivate the use of ports and airports, besides the internal exoneration of the ICMS chain to the exporters. In commerce, the program offers incentive to install distribution centers, by purchasing and selling internal products with deferred taxes. Taxes are set up to be collected. However, in order to carry out other interests, the Union, States and Cities may forgo part of the tax collection aiming at granting incentives on specific activities (e.g.: implementation of new ventures, industrial and technological development, agricultural and cultural enhancement, etc.) CONSULT develops studies on these subjects to identify fiscal benefits available. These benefits may be of great interest for the company.
|
