Brazil: Confaz publishes Adjustment to SINIEF and new ICMS Agreements

On August 4th, Brazil`s National Council of Finance Policy (Confaz) published a SINIEF Adjustment and new ICMS Agreements.

 

SINIEF Adjustment

SINIEF is Brazil`s national system for economic and fiscal information (Sistema Nacional de Informações Econômicas e Fiscais). The adjustment Nr. 15/20 provides for procedures related to internal and interstate operations, with fixed assets, and also with goods, parts and materials used or supplied in the provision of technical assistance services , maintenance, repair or repair.

 

New ICMS Agreements

  • ICMS AGREEMENT 53/20, OF JULY 30, 2020: Provides for the validation of operations and defines the reimbursement criteria for operations with Diesel Oil B containing a percentage of Biodiesel (B100) below the mandatory minimum of 12% due to the Resolution ANP No. 821/2020.
  • ICMS AGREEMENT 54/20, OF JULY 30, 2020: Authorizes the federated units that it mentions to reduce the ICMS calculation base in operations with diesel oil and other fuels that it specifies.
  • ICMS AGREEMENT 55/20, OF JULY 30, 2020: Provides for the adhesion of the States of Rondônia and Tocantins and changes the ICMS Agreement 19/18, which authorizes the federated units that it mentions to grant reduction in the ICMS calculation base in the installments communication services.
  • ICMS AGREEMENT 56/20, OF JULY 30, 2020: Provides for the accession of the State of Paraíba and changes the ICMS Agreement 102/13, which authorizes the federated units that it mentions to grant presumed credit in the purchase of electricity and electricity Communication.
  • ICMS AGREEMENT 57/20, OF JULY 30, 2020: Amends ICMS Agreement 01/13, which authorizes the granting of exemption from ICMS in operations with works of art at the Rio de Janeiro International Art Fair (ArtRio) and at the Fair International Art of São Paulo (SP Arte).
  • ICMS AGREEMENT 58/20, OF JULY 30, 2020: Authorizes the federated units that it mentions to grant exemption from ICMS in operations with drugs intended for cancer treatment.
  • ICMS AGREEMENT 59/20, OF JULY 30, 2020: Amends the ICMS 38/12 agreement, which grants exemption from ICMS on the exits of vehicles for people with physical, visual, mental or autistic disabilities.
  • ICMS AGREEMENT 60/20, OF JULY 30, 2020: Authorizes the State of Santa Catarina to grant installments of ICMS debts to the fishing industry.
  • ICMS AGREEMENT 61/20, OF JULY 30, 2020: Authorizes the federated units mentioned to suspend, for 90 (ninety) days, the termination of the current installment programs, and the restoration in the situation in which it specifies.
  • ICMS AGREEMENT 62/20, OF JULY 30, 2020: Amends ICMS Agreement 67/19, which authorizes the federated units that it mentions not to demand amounts corresponding to interest and fines related to the delay in payment of the complementation of the ICMS retained by tax substitution , and the fine for non-delivery of the information sheet, and authorizes the institution of an Optional Tax Substitution Regime, as specified.
  • ICMS 63/20 AGREEMENT, OF JULY 30, 2020: Authorizes the federated units that it mentions to grant exemption from the ICMS levied on operations and corresponding transport services rendered within the scope of measures to prevent contagion and to combat the pandemic caused by new Coronavirus agent (SARS-CoV-2).
  • ICMS AGREEMENT 64/20, OF JULY 30, 2020: Authorizes States and the Federal District not to demand ICMS due to non-compliance with commitments assumed as a requirement for the granting of tax benefits provided for in ICMS Agreement 73/16 and in ICMS Agreement 188 / 17, as well as reinstituted under Complementary Law 160/17 and ICMS Agreement 190/17, when it derives exclusively from the negative economic effects related to the pandemic of the respiratory infectious viral disease caused by the new Coronavirus (COVID-19).
  • ICMS 65/20 AGREEMENT, OF JULY 30, 2020: Authorizes the federated units mentioned, due to the period of social isolation due to force majeure resulting from the emergency situation in public health caused by the pandemic of the new Coronavirus (COVID-19 ), to institute an installment program for tax debts related to the Tax on Circulation of Goods and on Interstate and Intermunicipal Transport and Communication Services – ICMS, in the form that specifies and gives other measures.
  • ICMS AGREEMENT 66/20, OF JULY 30, 2020: Authorizes the federated units that it mentions to grant exemption from ICMS on operations and internal services and imports with goods used for use in the scope of measures to prevent contagion, coping and contingency of the pandemic of the respiratory infectious viral disease caused by the new agents of the coronavirus (SARS-CoV-2), carried out by a state or municipal public administration agency, its Foundations and Autarchies.
  • ICMS AGREEMENT 67/20, OF JULY 30, 2020: Amends ICMS Agreement 07/13, which authorizes the granting of tax benefits in operations with paper, glass and plastic scraps destined for the recycling industry.
  • ICMS AGREEMENT 68/20, OF JULY 30, 2020: Authorizes the federated units that it mentions to grant exemption from ICMS in internal operations related to donations to the Direct State Public Administration, its organs, its foundations and autarchies, of any goods or goods .
  • ICMS AGREEMENT 69/20, OF JULY 30, 2020: Provides for the adhesion of the State of Rio Grande do Sul to the second clause ICMS Agreement 99/18, which authorizes the States that it mentions to grant exemption from ICMS on transactions with electronic products and its components, carried out under the reverse logistics system.
  • ICMS AGREEMENT 70/20, OF JULY 30, 2020: Provides for the adhesion of the State of Rio de Grande do Sul to the ICMS Agreement 125/11, which authorizes the exclusion of tips from the ICMS calculation base on the supply of food and drinks promoted by bars, restaurants, hotels and similar establishments.
  • ICMS AGREEMENT 71/20, OF JULY 30, 2020: Amends ICMS Agreement 134/16, which provides for the provision of information provided by financial and payment institutions, members or not of the Brazilian Payment System – SPB, related to transactions with debit, credit, store (private label) cards, transfer of funds, electronic transactions of the Instant Payment System and other electronic payment instruments, carried out by legal entities registered in the National Register of Legal Entities – CNPJ or individuals registered in the Individual Taxpayer Registry – CPF, even if not registered in the ICMS taxpayer registry.
  • ICMS 72/20 AGREEMENT, OF JULY 30, 2020: Amends ICMS Agreement 142/18, which provides for the tax substitution and anticipation of payment of the Tax on Operations relating to the Circulation of Goods and Transport Service Provisions Interstate and Communication (ICMS) with end of tax, related to the tax due for subsequent operations.
  • ICMS 73/20 AGREEMENT, OF JULY 30, 2020: Authorizes the federated units that it mentions, in view of the economic crisis resulting from the pandemic caused by the new Coronavirus agent (SARS-CoV-2), not to require the tax credit related to ICMS due for noncompliance with commitments made by taxpayers in exchange for the granting of tax or financial-tax benefits.
  • ICMS AGREEMENT 74/20, OF JULY 30, 2020: Extends the provisions of ICMS Agreement 98/19, which authorizes the State of Minas Gerais to grant a reduction in the ICMS calculation base for interstate operations with cattle from municipalities in the Integrated Region Federal District Development Bank – RIDE – to be slaughtered in the Federal District.
  • ICMS AGREEMENT 75/20, OF JULY 30, 2020: Authorizes the State of Santa Catarina to grant exemption in the import of recreational equipment for use in amusement parks, without a national equivalent.
  • ICMS AGREEMENT 76/20, OF JULY 30, 2020: Authorizes the federated units that it mentions to grant amnesty of tax credits – penalties – resulting from the non-payment of installments of the Tax on Circulation of Goods and on Interstate and Intermunicipal Transport Services and Communication – ICMS – due to the untimely nature of the debt refinancing program authorized by CONFAZ, as well as to reinstate canceled installments.

 

These regulatory changes could affect your business with view to customizing or support of your ERP/SAP system. Please contact us to learn about possible necessary reactions to the changes – we are happy to assist you!