Clipping of news on Brazilian Culture, Law and Citizenship
02.02.2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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According to Revenue, new system of collection is 'fairer'. Minimum price of cigarettes will go from R$ 4.50 to R$ 5
BRAZIL AGENCY
Rio - Chocolates, ice cream and chopped or roll smoke will have new tax from May 1, 2016. The products come to collect the Tax on Industrialized Products (IPI) with a percentage of the sale price and not in cents per unit measure. Changes in IPI should raise revenue to R$ 641.69 million for the year 2016; R$ 1.06 billion for the year 2017 and R$ 1 billion for the year 2018.
Chocolates and ice cream will be subject to a rate of 5% and loose tobacco or roll, at a rate of 30%. Until then, the chocolates were subject to a tax of R$ 0.09 (white chocolate) and R$ 0.12 (too chocolates) per kilo. The two-liter ice cream were subject to a R$ 0.10 per pack tax. The chopped tobacco, in turn, was burdened by R$ 0.50 per kilo.
Tribute chocolates per kilogram increased from R$ 0.09 (white chocolate) and R$ 0.12 (too much) to 5%
Photo: Internet Play
The changes are valid from May 1, 2016 and are in Decree No. 8656, published in special edition of the Official Gazette on Friday.
According to the IRS, the new system of charging on the percentage of the sale, as well as being transparent and fair, it depends on the price actually practiced, ends the need to issue decrees whenever it was necessary to correct the tax, and in order that with the price increase, the IPI is now automatically corrected.
Cigarettes
Revenue reported that on May 1 will be no change in the minimum amount for retail sale of cigarettes. The current minimum amount of R $ 4.50, which was not adjusted since January 1, 2015, will rise to $ 5 According to the IRS, the measurement objective is to curb tax evasion that occurs in the sector by predatory practice prices that encourage unfair competition.
Another change that brings the decree aims to increase incrementally, the rates of IPI duties on cigarettes and change the minimum price of the product for retail sale, and will take place in two stages. The first on May 1, 2016, when the fixed portion which is charged on the sale of cigarettes will be increased by R $ 0.10 to the variable portion at 5.5%. The second stage will be on December 1, 2016. On that date there will be new adjustment of R $ 0.10 to the fixed portion and a further increase of the variable at 5.5%.
"It is expected that in December 2016 the cigarettes are on a fixed rate of R $ 1.50 per twenty (high total R $ 0.20) and a variable rate of 10% [high total of 11%] on the retail price of twenty [result of applying the tax rate of 66.7% on 15% of the retail selling price], "the IRS.
Dogs and cats
Another change is intended to clarify the classification of feed for dogs and cats. With the change from 1 May 2016, it is set that when the feed is used for feeding dogs and cats, the IPI rate applicable is 10%. Before there were doubts, particularly in the judicial context, what would be the rate of IPI on these diets, if 10% or zero.
Source: The Day
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This article was translated by an automatic translation system, and was therefore not reviewed by people.