LEI COMPLEMENTAR Nº 192, 11 DE MARÇO DE 2022 | LEI COMPLEMENTAR Nº 192, 11 DE MARÇO DE 2022 — Brazil law | Esheria

LEI COMPLEMENTAR Nº 192, 11 DE MARÇO DE 2022

For diesel transactions under substitution taxation, the tax base is the moving average of the final consumer prices from the previous 60 months, until 31 December 2022.

Jurisdiction
Brazil
Instrument
Act or statute
Citation
LEI COMPLEMENTAR Nº 192, 11 DE MARÇO DE 2022
Version
Undated source snapshot
Language
pt
Official source
View official record ↗
Cofins ICMS PIS/Pasep combustível diesel commencement contributions corporate tax diesel fuel fuel taxation import taxation imports indirect tax interstate transactions legislative/executive measures rates substituição tributária substitution tax tax base tax credits tax exemption tax incentives tax incidence tax rate +1 more

Statute overview

About this statute

For diesel transactions under substitution taxation, the tax base is the moving average of the final consumer prices from the previous 60 months, until 31 December 2022. The provision says the ICMS taxable event is deemed to occur when the specified fuels leave the taxpayer’s establishment in domestic operations, or when the fuels clear customs in import operations. This provision sets the PIS/Pasep and Cofins rates at zero until 31 December 2022 and preserves linked tax credits for companies in the chain, including the final purchaser. Até 31 de dezembro de 2022, as alíquotas das contribuições referidas ficam reduzidas a zero para a receita, faturamento na venda ou importação de gás natural veicular especificado. This article says the producer, equivalent parties, and fuel importers are ICMS taxpayers under this law.

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