Is it possible to recover import taxes?
Taxation is one of the most complex stages of importation. There are at least 5 compulsory taxes, being 4 federal (II, IPI, PIS/PASEP, COFINS) and 1 state (ICMS) and some other taxes and contributions that must be paid to the Federal Revenue. Through a specialized team that performs a technical analysis, it is possible to take advantage of tax opportunities and maximize the company's profits by recovering the taxes listed above.
Many companies end up paying excessive taxes for not knowing the operation or for not having qualified staff and suppliers in the area. The tax recovery is made through the refund, i.e. the return of the capital wrongly paid. This can happen for a number of reasons, such as wrongly calculated taxes, needless payment or when taxes are cumulative - a situation where taxes have more than one triggering event, i.e. paid in duplicate.
In addition to the refund, you can reduce the amount of taxes through exemption or suspension, this situation occurs when there are tax benefits. The government offers this incentive to importers in order to bring development to the country, forming a virtuous cycle: more jobs, more income and more foreign investments to the country.
Currently, there are several benefits that foster the balance of trade, domestic economy and national infrastructure. These incentives favor the industrial, port and airport sectors, technology and communication. There are several types of tax incentives and the best known are:
Besides being able to enter tax theses, according to each peculiarity of each import. Can your import recover any tax already paid?
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