The benefits of tax recovery are:
• Reduce risks of the company receiving assessments
• Decreased tax burden
• Improved financial management
• Business Expansion
To recover taxes, we need to hire professional service specializing in tax law that will make tax planning well structured and collect data.
The recovered credit can only be used to offset other taxes the IRS. The team responsible for fiscal management should make sure that there were overpayments, confirming the value in * ECFDeed Tax Accounting and the amount paid by * DARFSpecial document for Settlement and Custody. .
There are different taxes subject to tax recovery. The tax lawyer is able to identify all of them and to promote the company. Among these taxes are:
• PIS (Social Integration Program) – gross and peal revenue;
• COFINS (Contribution to Social Security Financing);
• ICMS (Tax on Goods and Services);
• IPI (Excise Tax);
• ICMS-ST (ICMS-Replacement Tax);
• Income tax (Income Tax Juridica);
• CSLL (Social Contribution on Net Income);
• FGTS (Guarantee Fund for Employees) – fine of 10% on unfair dismissal;
• INSS (National Social Security Institute) on indemnifications – in cases of unfair dismissal;
• VAT paid on electric power bills.
Here at MG Lawyers conducted meticulous survey of all taxes paid, enabling the identification of tax recoveries. The process is a good way to reduce spending and verify failures that compromise the company’s revenues, avoiding losses.
Our services
Review and use of credits related to IPI, ICMS, PIS, IR, Cofins and INSS social contribution:
We MG Advogados we value every penny, we know it is common for people to lose money from taxation, so We leverage the work for the customer not to spend capital for nothing.
Reclassification and change in the social contract for the social and CNAE object of the company, to enable credit utilizations
The NCEA means National Classification of Economic Activities. Codes are standardized throughout the country focused on providing improvements in tax administration and be able to control fraudulent actions.
Aims to categorize companies, public institutions, nonprofit organizations and even private tutors in identification codes.
Study for reframing the classification of products in order to TIPI table (NCM)
Table TIPI is the tax incidence table on Industrialized Products (IPI), regulated by the Federal Revenue of Brazil (RFB).
The table uses the Harmonized System (base NCM) to divide the products into categories within their sections, chapters and subchapters.
Use of tax incentives
The tax benefit is a special tax regime involving an advantage or simply a tax cut before the normal system, assuming as a form of exemptions, reduced rates, deductions from the tax base, depreciation and / or other fiscal measures such .