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Sadia is one of the world’s leading producers of chilled and frozen foods. Established in Brazil in 194...
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Government of São Paulo deposits R $ 530 million to the municipalities of São Paulo
Amount transferred corresponds to the weekly pass-through of ICMS; the amounts are equivalent to 25% of the tax collection
The 645 cities of São Paulo received the weekly pass-through of the ICMS. This time it was R $ 530.47 million. The deposit made by the Secretariat of Finance and Planning refers to the amount collected during the period from April 1 to 5. The amounts correspond to 25% of the tax collection.
The estimate for the month of April is to transfer to the prefectures of the State the total of R $ 2.39 billion in ICMS transfers. The queries of the values can be made on the website of the Treasury, in the link Access to Information> Transfers of Funds> Constitutional Transfers to Municipalities .
In the first quarter of the year, the Secretariat of Finance and Planning deposited R $ 7.05 billion to the municipalities of São Paulo.
