Remittances of up to US$ 50 from companies to individuals are now exempt from federal taxes; understand the new rules

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Distribution center of e-commerce company Reproduction TV Globo The Ministry of Finance published this Friday an ordinance with new rules for international purchases made over the internet. The norms are valid exclusively for purchases made in e-commerce companies, national or foreign. The Special Secretariat of the Federal Revenue of Brazil will make bimonthly reports to monitor the results obtained with the new rule, and may propose changes in the established rate. See how the rules will be The current rules, with a 60% import tax exemption for purchases, continue. According to current regulations, the exemption occurs only when the product is sent from an individual to an individual. With the publication of new regulations by the Federal Revenue this Friday, e-commerce companies will be able to adhere to a compliance program. This program will be optional. Companies that adhere to the Revenue program will benefit from import tax exemption for purchases of up to US$ 50, which, without the compliance program, only exists for individual-to-individual shipments. For purchases over US$ 50, nothing changes in federal taxes. With this, the taxation of 60% of the import tax remains in force. The import declaration and eventual payment of taxes will take place before the arrival of the goods. The seller is obliged to inform the consumer of the origin of the products and the total value of the goods (including federal and state taxes). The Federal Revenue ordinance does not deal with state tax rules, which are the responsibility of each state of the federation. In June, the states unanimously decided to adopt a 17% Tax on the Circulation of Goods and Services (ICMS) rate for purchases made on online platforms of international retailers. The director of the National Committee of State and Federal District Finance Secretaries (Comsefaz), André Horta, informed g1 that the 17% ICMS rate will also apply to purchases below US$ 50 from companies to individuals. Ease of entry of products into the country In addition, companies that adhere to the Federal Revenue compliance program, which is optional, will also have facilities for entry of products into the country. Before the plane arrives in the country, the Federal Revenue Service will receive information on the orders and prior payment of state and federal taxes. The Federal Revenue reported that it will carry out risk management of orders before the aircraft arrives in Brazil and will release low-risk orders immediately after scanning, if not selected for verification. According to the agency, orders released may go directly to consumers. Under current rules, without the Federal Revenue’s compliance program, orders arrive in the country without providing prior information. The Treasury reported that, until then, without the compliance program instituted this Friday, more than 40 trucks per day transport parcels from the Guarulhos airport (SP) to the Correios central office in Curitiba (PR), where sorting takes place. of the goods. In Curitiba, the import declaration is registered with the Federal Revenue and the payment, if necessary, of federal taxes by consumers. Orders are released to consumers only after verification and possible payment of federal taxes.

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