The collection of the IBS would be centralized and managed in a coordinated manner by the Union, the states and the municipalities. Thereafter, the distribution of the collection between the different entities of the federation would be done automatically according to the established criteria.
The tax inspection would also be done in a coordinated and harmonized manner, with the participation of the tax authorities of the three spheres of government. It is proposed that the administrative litigation of the first instance be state, with the second instance which has the function of harmonizing the understanding of the tax rules nationwide. In addition, as it is a nationwide tax, it is understood that judicial litigation should be processed by the Federal Court. Making use of the sales tax calculator zip code is important there.
The famous Income Tax
What it is – It is a state tax due by every individual or legal entity when transmitting assets or rights such as inheritance, difference in sharing or donation. What this tax generates: the transfer of any good or right that occurred through legitimate succession or testamentary succession, including provisional succession. Follow the transmission by donation, in any capacity, of any assets or rights. the acquisition of excess good or right by the heir or spouse, in sharing, in succession causa mortis or in dissolution of conjugal partnership.
Where it goes
It has a fiscal function:Its purpose is to raise financial resources for the States and the Federal District. The tax credit is posted by declaration.
Motor Vehicle Property Tax
What it is – Car owners know this tribute well. It is a state tax that is levied on the ownership of motor vehicles and only the States and the Federal District are competent to institute it. In 1985, the IPVA replaced the Single Road Tax (TRU), since after the toll had arisen, they could not charge two taxes for the same purpose: for the right to drive on national roads.
Emergency fund:
Although the benefits of a franchise include being a proven model in the market, it doesn’t hurt that you can have a fund in case of something unforeseen. This way you can be calm while your business starts. Make sure that these savings have enough so that you can sustain your business for three to six months on your own.
As you can see, when buying a franchise you will have to take into account key elements that will determine its proper functioning. We suggest that before making any decision you properly inform yourself, project and make your financial estimates so that everything can be in order and the chances of success are greater. This is exempted from the tax.
