In the age of technology, the start-up ecosystem has attracted many people in recent decades. This is mainly due to the rapid rise of the digital economy, which has led to many success stories of companies that today represent giant players in the market, regardless of the sector in which they operate. In this context of scalable entrepreneurial initiatives, startups have shown themselves to be a huge attraction [...]
CPDMA BLOG
Category: News
Date: February 27, 2020
Posted by: CPDMA Team
ICMS for the industry of Santa Catarina will be 12% from Sunday
As of this Sunday (1st), the measure that reduces the rate of the Tax on the Circulation of Goods and Services (ICMS) from 17% to 12% takes effect. The approval went along with the aftermath project, which reevaluated tax incentives.
This reduction was an old agenda of the Federation of State Industries (Fiesc), which he said is a measure that will increase the competitiveness of the sector in Santa Catarina. The Trade Federation, in turn, argued that there will be an increase of more than 6% in the ICMS rate for the sector.
According to the Secretary of State for Finance, Paulo Eli, this reduction will strengthen the industry in Santa Catarina, which will produce with the same tax percentage as Paraná and Rio Grande do Sul. According to the secretary, Simples companies will also benefit because they are not tax credited in previous stages.
Source: Estela Benetti via NSC Total.
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