Joao Pessoa


Simply the Best Site about João Pessoa

Paraíba Paradise

Sponsored Links

Le Petit Paradis Pousada in Joao Pessoa

Family run Guest House in a quiet residential street and close to local amenities
wwww.pousadajoaopessoa.com.br

Taxes

In Brazil, the major tax guidelines are defined by the Federal Constitution, which sets down general principles, the limits of taxing authority, jurisdictions and the question of sharing of tax revenues.

Consequently, our National Tax System was instituted by the Constitution itself, which determines that the Union, States, Federal District and Municipalities can institute taxes, considering the power to tax as one of the inherent qualities of the State. Political-administrative autonomy, considered an essential characteristic of our federative system, grants each level of government the right to institute taxes, fees (corresponding to utilization of public services and police power) and contributions targeted at improvements (resulting from public works).

According to the 1988 Constitution (with the alterations introduced by Constitutional Amendment no. 3, dated 03/17/93), the taxes under the specific jurisdiction of the Union, States and Federal District and Municipalities are as follows, classified by their nature:


TAXES


JURISDICTION

Foreign Trade Taxes
– Import Tax – II

Union

– Export Tax – IE

Union

Taxes on Assets and Income
– Income Tax – IR

Union

Rural Land Tax – ITR

Union

– Tax on Automotive Vehicles – IPVA

States

– Tax on Property Transmission Causa Mortis – ITCD

States

– Urban Building and Land Tax – IPTU

Municipalities

– Transmission Tax Inter Vivos – ITBI

Municipalities

Taxes on Production and Circulation:

– Industrialized Products Tax – IPI

Union

– Tax on Credit Operations, Exchange and Insurance – IOF

Union

– Tax on the Circulation of Merchandise and Interstate and Intermunicipal Transportation Services and Communications – ICMS

States

– Tax on Services of Any Nature – ISS

Municipalities

The Federal District has both state and municipal taxing authority.

Aside from the taxes listed above, the Federal Constitution reserves exclusive authority to the Union to institute social contributions, contributions on intervention in the economic domain and those of interest to professional or economic categories. In the case of social contributions, one should stress that the States, Federal District and Municipalities may levy contributions on their civil servants in order to cover the costs of their Social Security and social assistance systems targeted to those workers.

Among social contributions, the following deserve mention:

Tax Table – 200

Tax (Acronym) Income Tax
IRDF IRPJ IRF
Labor

Capital

Outros

Type / Nature

Income

Income

Income

Income

Income

Calculation Base

Wages and earnings

Profits

Wages and earnings

Difference between purchase and sale value

Awards and lotteries; earnings on profissional services

Subject Liable

Individuals

Corporate entities

Individuals

Individuals or corporate entities

Individuals or corporate entities

Rates

Zero, 15% to 27.5%

15% and 25%

15% and 27.5%

10%, 15% and 20%

30% and 1.5%

Taxing Authority

Union

Union

Union

Union

Union

Tax Table – 2007

Tax (Acronym)

COFINS

PIS

PASEP

IPI

FGTS

Type / Nature

Production

Produção

Produção

Produção

Produção

Calculation base

Gross Revenues (including financial)

Gross Revenues (including financial)

Gross revenues

Industrialized products sold (aggregate value)

Payroll

Subject Liable

Corporate entity

Corporate entity

Corporate entity governed by public law

Corporate entity

Corporate entity: or individual (domestic employer doméstico)

Rates

3%

7.6

0.65%

1.65

1%

From 0% to 365.63%, according to TIPI

8%

Taxing Authority

Union

Union

Union

Union

Union

Tax Table – 2007

Taxes (acronym)

CSLL

ITR

IE

II

CPMF

Type / Nature

Income

Assets

Production

Production / Consumption

Production / Consumption

Calculation Base

profits

Value of rural real estate

Value of exported product or service

Value of imported product or service

Debited to bank accounts

Subject Liable

Corporate entity

Individual or corporate entity

Corporate entity

Individual or corporate entity

Individual or corporate entity

Rates

8%

0.03% to 20%

from 0% to 150%

from 0% to 35%, according to the TEC

0.38%

Taxing Authority

Union

Union

Union

Union

Union


Tax Table – 2007

Tax (Acronym)

Contribution to Social Security

(INSS)

Contribution to Civil Service Social Security

Self-employed

Employee

Employer

Union

States and Municipalities

Type / Nature

Income

Income

Production

Income

Income

Calculation Base

Earnings

Wages

Payroll

Earnings

Earnings

Subject Liable

Individual

Individual

Corporate entity; or individual (domestic employer)

individual (federal civil servant)

Individual (state or municipal civil servant)

Rates

20%

from 8% to 11%

15%, 17.5%, 20% and 22.5%; or 12% (empr. dom.)

11%

Varies by State or Municipality

Taxing capital Authority

Union

Union

Union

Union

States and Municipalities

Tax Table – 2007

Tax (Acronym)

ICMS

IPVA

ITCD

ISS

IPTU

ITBI

Type / Nature

Production / Consumption

Assets

Assets

Production / Consumption

Patrimônio

Patrimônio

Generating Fact

Circulation of merchandise

Proprietor-

ship

Donations or transmission of properties – causa mortis

Services rendered

Proprietorship or possession

Donations or transmission of goods – inter vivos

Calculation Base

Value of Merchandise and Services Sold (aggregate value)

Value of automotive vehicle

Value of good, movable or not, donated or transmitted

Value of the Service Rendered

Value of Urban Real Estate

Value of Real Estate Sold

Subject Liable

Corporate Entity

Individual or corporate entity

Individual

Corporate entity; or individual (self-employed service provider)

Individual or corporate entity

Individual or corporate entity

Rates*

4%, 7%, 12%, 17%,18%, 21% and 25% (levied within price)

from 1% to 4%

4%

from 0.5% to 10%

from 0.3% to 3%

2%

Taxing Authority

States

States

States

Municipalities

Municipalities

Municipalities

* The rates of those taxes for which States and Municipalities are responsible are based on those in effect in the Federal District (which includes Brasilia, the Capital of Brazil).


buy isoptin
buy viagra san francisco
Buy viagra cheaply
best place to buy generic viagra online
buy viagra online discount
viagra from canada
Buy viagra Mesa
buy real viagra online
Cheapest Viagra Online
Buy viagra usa
buy cheap viagra online
redtube viagra
buy viagra now
best place to buy viagra online reviews
buy discount viagra
canadian pharmacy generic viagra
viagra best buy
usa cialis
viagra best buy
buy sale viagra
cheapest viagra
buy viagra with discount