ICMS on “shopping” climbs to 20% in 10 states on the 3rd on Friday

by Andrea
0 comments

Legislative assemblies approved the increase in the state tax rate; there is also an incidence of at least 20% of the Import Tax (Federal) on these goods

The ICMS (Tax on the Circulation of Goods and Services) on international purchases of up to US $ 3,000 will rise from 17% to 20% in 10 states from Tuesday (1st.br.2025). The taxation takes place on the imports carried out by the simplified tax regime.

The measure occurs on this date because of the tax principles of priority and the novenue. In these states, it was necessary forward bills to the respective legislative assemblies.

O Poder360 Prepared an infographic to show the list of states that will charge a higher fee. Read below:

On December 6, State ICMS rates on these goods imported by individuals by 20%. Commefaz (National Committee of Secretaries of Finance, Finance, Revenue or Taxation of the States and the Federal District) said the decision was made by a large majority. Here’s (PDF – 162 kb).

The farm secretaries even discussed in 2024 the percentage to be fixed and considered the ICMS rate by 25%.

Understand in the infographic below how change works:

ICMS on "shopping" climbs to 20% in 10 states on the 3rd on Friday

Shopping

In addition to the collection of the state tax, there is the incidence of at least 20% of the Import Tax – the Federal Government – on these goods. The minimum taxation is on purchases of up to $ 50. Products with values ​​from US $ 50.01 to US $ 3,000 are taxed by 60%, with a fixed deduction of US $ 20 in the total tax.

You buy no e-commerce International up to $ 50 were taxed by 20% with the import tax. The initiative entered the law of moving as a “Jabuti” – Gregano that refers to a measure inserted in a PL unrelated to the theme. This is a (PDF – 471 kb).

Brazilian retail the taxation. A (Federation of Industries of the State of São Paulo) also for the federal government to charge tax on the “shopping” to avoid what they considered unfair competition from the outside products with those manufactured in Brazil.

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC