Government creates rules for international online purchases of up to $50 and imposes fees for violat
In order to promote the Federal Revenue program and guarantee the collection of ICMS, the Ministry of Finance established a new regulation that exempts the Import Tax for purchases of up to US$ 50 made in participating companies.
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This Friday (30), the Ministry of Finance issued an ordinance with updated guidelines for international purchases made over the internet. Under the new rules, online purchases of up to US$50 will not be subject to Import Tax, as long as companies register with a Federal Revenue program and pay the corresponding state taxes.
Previously, all purchases of imported products were subject to taxation, regardless of their value. The exemption of up to US$50 only applied to international remittances between individuals, therefore excluding companies from this exemption.
Ordinance
The concierge establishes that purchases made online, worth up to $50, at companies that do not comply with the new government rules will continue to be subject to fees. This measure will come into effect from August 1. The guidelines of the program to which companies must adhere were also disclosed this Friday through a Normative Instruction from the Federal Revenue Special Secretariat.
This measure establishes a series of criteria for e-commerce companies. Among them are the obligation to pass on the taxes collected, provide detailed information to the consumer on the amounts of taxes, postal fees and other expenses, including the brand and name of the company in question, in addition to combating embezzlement and smuggling. The Ministry of Finance also established that companies must collect the Tax on the Circulation of Goods and Services (ICMS) to exempt the Import Tax on purchases of up to US$ 50.
Change
The new regulation establishes that for purchases over US$ 50, there will be no changes in federal taxes. Therefore, the 60% taxation on the import tax will remain in effect. However, the import declaration and payment of taxes will occur before the arrival of the goods, and the seller will be obliged to inform the consumer of the origin of the products and the total value of the goods, including federal and state taxes.
Tribute
In an interview, André Horta, director of the National Committee of Finance Secretaries of the States and the Federal District (Comsefaz), explained that the regulation of the Federal Revenue affects only federal taxation. He stated that the 17% ICMS rate will continue to be applied to all purchases under the Conforming Remittance Program, including purchases below US$50, made by companies and intended for individuals. Earlier this month, Comsefaz decided to unify the ICMS rate at 17% for purchases made on online platforms of international retailers.
Regarding the statement released on Friday, the rule applies only to acquisitions made in e-commerce companies, both domestic and foreign. The Special Secretariat of the Federal Revenue of Brazil will prepare bimonthly reports to monitor the results achieved with the new measure and may suggest changes in the established rate.
E-commerce
Implementing a government compliance plan with global e-commerces, especially Chinese sites like Shein, involves combining the exemption for purchases of up to $50 with the creation of a fee for those who do not comply with the rules on sales. international. In May, the Minister of Finance, Fernando Haddad, pointed out that the discussion on the rules for taxation on imports also included the states, since they have the right to charge ICMS on products purchased over the internet.
