Photo Andre Kosters / Lusa
Fernando Rocha Andrade (right.) Explained that the ISP will change in the next state budget for 2017
15/07/2016 08:24
gasoline tax will come down in August
ISP will change in 2017 to the carriers.
By Miguel Alexandre Ganhão
The Secretary of State for Fiscal Affairs was yesterday in Parliament, at the request of the PSD, to explain how it is applied the ISP formula that varies quarterly.
Fernando Rocha Andrade said that this tax will be changes in the next state budget, so that it can be neutral for professionals, without there being loss of tax revenue. One government official said the purpose of the application of the formula ISP, the revenue from this tax will fall short of the enrolled in the state budget for this year, but that will be offset by increased revenue in VAT caused by rising consumption. Rocha Andrade refused to give explanations about the IRS refunds, an issue that was not on the schedule, but always said that were “repaid over EUR 120 million than the registered in the same time last year.”
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