tax incentive | es
Compete-ES for several other sectors
Without a doubt the COMPET WHOLESALER is the most well-known tax benefit when we talk about Compet. What few know is that it exists for several other sectors as well and not only for wholesalers, namely:
Furniture Industry, Metalworking Industry, Ornamental Stones, Pre-Stop Mixing for Cakes, Aquaculture Establishments, Operations with Sugar and Roasted and Ground Coffee, Graphic Industry, Mineral Water Operations, Custom Furniture, Clothing Industry , Clothing or Footwear, Mortar and Non-Refractory Concrete Ind, Ind. Rations, Ind. Of Paints and Complements, Operations with Sugar Cane Brandy, Molasses and Others, Ind. Plastic Material, Paper and Cardboard Ind. and Plastic Recycling, Bars and Restaurants and Companies Preparing Collective and Similar Meals.
For each of these segments, a Competitiveness Contract was signed between its representative entities and the Secretariat of State for Development - SEDES, establishing the benefits and conditions for fruition.
It is important to clarify that such contracts differ from each other, as a result of what was agreed between each entity and SEDES.
Given the extent of this issue, I will present in this article the Compet for only 4 economic segments, as follows:
From Operations Performed by the Apparel, Clothing or Footwear Industries
Legal basis: Art. 530 - L-P and Art. 530 - L-Q
Benefits:
- In internal operations aimed at retailers opting for Simples Nacional, wholesale distributors or other establishments in the clothing, clothing or footwear industries (provided that these products are used as inputs) the ICMS will have its calculation base reduced in a that its effective tax burden results in 7%;
- In internal operations aimed at retailers included in the ordinary ICMS calculation regime, their calculation base will be reduced so that the effective tax burden results in 12%; and
- In interstate transactions aimed at taxpayers, the ICMS will have a presumed credit of 7%.
- ICMS deferral in the case of import of machinery and equipment without a national equivalent, destined for fixed assets and the differential rate in the case of interstate transactions for the moment when the asset is disincorporated from the company's assets.
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From Operations with Sugar and Roasted and Ground Coffee
Legal basis: Art. 530 - L-J
Benefits:
Reduction of the ICMS calculation base on interstate transactions, so that the effective tax burden results in 7% for:
- Operations carried out by roasting and grinding industries, located in ES, with roasted and ground coffee and operations carried out by sugar producing industries, located in ES, with sugar.
From Operations Performed by the Plastics, Paper and Cardboard Packaging and Plastic Recycling Industries
Legal basis: Art. 530 - L-R
Benefits:
- In internal operations, reduction of the ICMS calculation base so that its effective tax burden results in 7%.
- In interstate transactions, a presumed credit of 5%, which must be recorded in the ICMS Calculation Book, in the “Other Credits” column.
Credits related to the acquisition of inputs used in the manufacturing process should be limited to 7%.
On Operations Performed by the Paint and Complement Industries
Legal basis: Art. 530 - L-R -E
Benefits:
Concession of benefits only for items classified under codes 32089010 and 32091010 of the NCM / SH, as follows:
- In internal operations, reduction of the ICMS calculation base so that its effective tax burden results in 7%.
- In interstate transactions, a presumed credit of 5%, which must be recorded in the ICMS Calculation Book, in the “Other Credits” column.
Credits related to the acquisition of inputs used in the manufacturing process should be limited to 7%.
The conditions for companies to enjoy this incentive and the commitments to which they are bound are:
- Request inclusion in the Competitiveness Contract Beneficiaries Register
- Fill in the Contract Adhesion Term
- Fill in the Registration Information Form
- Negative Debt Certificate with SEFAZ
Promotion of sustainable development
Average annual growth in the number of jobs offered in the sector
Integration with 3rd grade education institutions
Training and qualification of labor
Investments in sectorial and business competitiveness
Growth in the collection of ICMS generated by the sector
Annual growth in exports
Increased participation in the local market
To learn more about the sectors that were not detailed here, it is necessary to consult the ICMS - ES Regulation, since all of them are covered by our legislation, or the Development Secretariat - SEDES, www.sedes.es.gov.br .
