Six months ago, the new temporary solidarity contributions from the food and energy distribution sectors came into force, applied to capital gains to deal with inflation and energy increases.
Within the framework of “an emergency intervention to deal with the high prices” of energy, this Friday, six months ago, he asked the surplus earnings calculated in the tax periods for IRC purposes beginning in the years 2022 and 2023 the contribution called CST Energia.
Contribution on “excess benefits” of distribution and energy enters into force this Saturday
this contribution intended for IRC resident taxpayers who carry out, as their main activity, a commercial, industrial or agricultural activity, as well as non-resident IRC taxpayers with a permanent establishment in Portuguese territory, who carry out activities in the crude oil, natural gas, coal and refining sectors.
“Excess profits are considered part of the taxable profits, determined under the terms of the Corporate Tax Code, in relation to each one of the tax periods that exceed that corresponding to an increase of 20% in relation to the average taxable profits. in the four tax periods, taxation from the years 2018 to 2021”, determines the law, defining that this contribution rate is 33%.
CST Distribuição Alimentar is payable by resident IRC taxpayers who carry out, as their main activity, a commercial, industrial or agricultural activity, as well as by non-resident taxpayers with a permanent establishment in Portuguese territory, who operate food trade establishments. of products of animal and vegetable origin, fresh or frozen, processed or raw, in bulk or prepackaged.
The CST Distribuição Alimentar rate, also 33%does not apply to micro or small businesses and is applicable to excess profits calculated in 2022 and 2023, corresponding to the portion of taxable profits that exceeds the corresponding 20% increase in relation to the average taxable profits in the four tax periods to from the years 2018 to 2021.
According to the diploma, the income obtained from CST Energia will be used to financially support final energy customers, particularly vulnerable families, and aid to final energy customers, promoting investment in renewable energy, energy efficiency or decarbonization.
CST Energy It is also intended to support companies in sectors with intensive use of energywhenever it is about renewable energies, energy efficiency or decarbonisation technologies, and support for the development of energy autonomy.
The income obtained from CST Distribuição Alimentar is affected by at least one of the four purposes defined in the lawincluding actions to support the increase in the cost of food for the most vulnerable population, particularly through social sector entities.
This contribution is also intended to “guarantee the execution” of the consumer protection policythrough the Consumption Fund, and economically support micro and small businesses in commerce, services and restaurants “particularly affected by the increase in operating costs and inflation and by the decrease in demand”.
Finally, the income from CST Distribuição Alimentar is allocated to support measures for the qualification of professionals who work in micro and small companies in the commerce, services and catering sectors, to increase the resilience of these companies, through the partial allocation of income to the Modernization Fund. of Commerce for this purpose.
Government estimates indicate that this contribution will generate income of between 50 million and 100 million euros per year, in the two years in which it will be collected.
Source: Observadora
