1.0Chenut Advogadoshttps://chenut.onlineAdministradorhttps://chenut.online/author/administrador/(English) Fiscal Benefits in the State of Minas Gerais - Chenut Advogadosrich600338<blockquote class="wp-embedded-content" data-secret="U0m535qNjY"><a href="https://chenut.online/english-fiscal-benefits-in-the-state-of-minas-gerais/">(English) Fiscal Benefits in the State of Minas Gerais</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://chenut.online/english-fiscal-benefits-in-the-state-of-minas-gerais/embed/#?secret=U0m535qNjY" width="600" height="338" title="“(English) Fiscal Benefits in the State of Minas Gerais” — Chenut Advogados" data-secret="U0m535qNjY" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> [:en]Fiscal Benefits in the State of Minas Gerais Paulo Machado (Lawyer of Tax Law Team) On April 2nd of this year, the State of Minas Gerais, by enacting Decrees No. 45,946 and No. 45,947, has added to the ICMS tax law, provisions granting tax benefits to taxpayers. These benefits range from debt relief to rate reduction and tax exemption on certain products. Below are the main provisions of each of these decrees. Decree No. 45,946 Provides for the reduction of the ICMS rate for fuel industries, civil construction and electronics, in a retroactive manner to January 1st, 2012. In addition to reducing the tax rate for certain industries, the decree also provides for a tax exemption over some raw materials (sand, gravel, bricks, cement concrete or asphalt to be used in public works for maintenance or repair of federal State highways etc.) used by real estate developers and construction companies. We also note that it is possible that the government authorizes that such tax exemptions do not affect ICMS credits for product that leave the State, which may remain intact, as there was no exemption at all. Besides, said Decree also contains a provision that may raise the tax burden [...] Chenut Advogados Chenut Advogados