New law reduces from 13% to 7% tax burden on aviation kerosene ICMS in the state of Rio de Janeiro

 

This affects air transport companies for passengers and goods, air taxi companies and tourism helicopters companies operating in Rio de Janeiro state airports

Published on May 26,  Act No. 9.281/2021 established a special tax regime for reducing ICMS calculation basis, so that the tax burden is reduced from 13% to 7% on the internal release of aviation kerosene (QAV) for companies operating in Rio de Janeiro state airports.

The law benefits air transport companies, for passengers and goods, air taxi companies and tourism helicopters companies, including affiliates, companies that operate alone, by interlining agreement or through hired company, including codeshare. It also applies to companies operating in hubs (international flight connection centers) or inland airports.

The tax benefit adapts the state legislation to Agreement ICMS 188/17 and contributes to the increase in the number of flights at Rio de Janeiro airports, in this moment in which companies are trying to overcome the crisis.

Adhesion

In order to have the right to the special tax regime, the company needs to sign a term of adhesion from the State Secretary of Finance (Secretaria de Estado de Fazenda - Sefaz).

Duration

The law will come into force on the first day of the second month after the sanction and will be effective until December 31, 2025.

Support to seize this tax opportunity

Domingues e Pinho Contadores' expert team can support companies in seizing this and other tax opportunities. For more information, contact: dpc@dpc.com.br.