Post by asadul5585 on Feb 21, 2024 23:30:43 GMT -5
Double taxation occurs when two different public authorities charge the same tax to an individual or legal entity, that is, when the collection of a tax is doubled for the same taxpayer. This is an extremely important subject, especially for entrepreneurs, after all, everyone is susceptible to going through the situation. According to data provided by the Ministry of Finance, Brazil is one of the 30 countries with the highest tax burden in the world. If we already pay a lot, imagine having to pay the same tax twice? To prevent this from happening to you or your company, we have separated everything you need to know about double taxation in a clear, light and accessible way! Continue reading to find out more. What is double taxation? Double taxation is a process that occurs when two Public Rights charge the same tax from a person or entity.
This goes against the law. But, after all, what are these public powers? When we talk about public powers, we are talking about the Union, the State and the municipalities and each one is responsible for taxation in the areas that you see below. Unity credit, insurance, foreign exchange operations and those relating to securities in general; large fortunes (under the terms of complementary law); industrialized products; import and export; rural properties; It is income and earnings. state operations involving the Kuwait Mobile Number List movement of goods, provision of communication services and intercity and interstate transport; transmission of cause of death and donation of goods and rights; It is ownership of motor vehicles. Counties “intervivos” transmission (of living people) of any title, whether by onerous act (one that produces advantages and obligations for the parties involved), by nature or physical accession, of real estate and real rights over real estate, except those of guarantee , as well as assignment of rights to its acquisition; services not included in art.
E-book achieving zero default Check below for more details on these and other situations in which double taxation happens more frequently. ISS double taxation The Service Tax (ISS) is a tax levied by the municipality on companies located there and providing services. Double taxation, in this case, usually occurs when an establishment has its headquarters in one city, but operates in another. The two city halls end up disagreeing about who the tax should be paid to and both charge the tax, however, the most common thing is for the ISS to be charged by the city where the CNPJ was opened . ICMS double taxation The Tax on Circulation of Goods and Provisions of Interstate, Intermunicipal and Communication Transport Services (ICMS) is a state tax and can be double taxed when the state where the company is located and the place where the merchandise arrives collect this tax on the same product.
This goes against the law. But, after all, what are these public powers? When we talk about public powers, we are talking about the Union, the State and the municipalities and each one is responsible for taxation in the areas that you see below. Unity credit, insurance, foreign exchange operations and those relating to securities in general; large fortunes (under the terms of complementary law); industrialized products; import and export; rural properties; It is income and earnings. state operations involving the Kuwait Mobile Number List movement of goods, provision of communication services and intercity and interstate transport; transmission of cause of death and donation of goods and rights; It is ownership of motor vehicles. Counties “intervivos” transmission (of living people) of any title, whether by onerous act (one that produces advantages and obligations for the parties involved), by nature or physical accession, of real estate and real rights over real estate, except those of guarantee , as well as assignment of rights to its acquisition; services not included in art.
E-book achieving zero default Check below for more details on these and other situations in which double taxation happens more frequently. ISS double taxation The Service Tax (ISS) is a tax levied by the municipality on companies located there and providing services. Double taxation, in this case, usually occurs when an establishment has its headquarters in one city, but operates in another. The two city halls end up disagreeing about who the tax should be paid to and both charge the tax, however, the most common thing is for the ISS to be charged by the city where the CNPJ was opened . ICMS double taxation The Tax on Circulation of Goods and Provisions of Interstate, Intermunicipal and Communication Transport Services (ICMS) is a state tax and can be double taxed when the state where the company is located and the place where the merchandise arrives collect this tax on the same product.