Learn about each tax that can be levied on your company’s commercial transactions SUMMARY Sales tax: what taxes does your company need to pay? This content was written by NFE.IO , a company that offers complete invoice management platforms. There’s no way: every company is subject to the payment of sales tax. For each product sold, part of the value is destined to a series of municipal, state and federal taxes. And, for this to be properly controlled and investigated by the government, it is necessary to issue an invoice. And the weight of the tax burden on the invoice will depend on factors such as the type of merchandise sold and the taxation regime chosen by the company. To clarify your doubts about this important topic of your sales process , we have prepared this article listing each sales tax that may be levied on your company’s commercial transactions.
Corporate Income Tax Tax on Services of Any Nature
ISS Tax on Circulation of Goods and Services – ICMS; Contribution for the Financing of Social Security – COFINS; Social Contribution on Net Income – CSLL; Social Integration Program – PIS; Tax on Industrialized Products – IPI. So, we invite you to continue reading this content to Communication Directors Email Lists understand the taxes that need to be paid and included in the invoices so that your business model remains in compliance with the inspection bodies. Sales tax: what taxes does your company need to pay? Having knowledge about each sales tax is extremely important so that the company can carry out solid tax and financial planning and, thus, keep its tax obligations always up to date. That way, you avoid fines and other complications that can cause headaches for your business. With that in mind, see below which taxes your company is subject to pay.on the permitted list.
Corporate Income Tax IRPJ The Corporate Income Tax
Is one of the main taxes that Brazilian companies need to pay. It charged monthly, quarterly or annually, depending on the company’s tax regime. Those opting for Simples Nacional, for example, pay in a single monthly payment all the taxes. They are responsible for, including the IRPJ, whose rate varies from 0.27% to 0.54%. Therefore, many companies opt for this type of EC Lists special taxation. However, not everyone is eligible to participate. It is necessary to comply with certain rules, such as, for example, having a turnover equal to or less than BRL 4.8 million per year, in addition to being an activity that is on the permitted list. Some are prohibit from participating in Simples Nacional, such as financial institutions, for example. 2 – Tax on Services of Any Nature – ISS The second sales tax on our list refers to the provision of services.
