Did you know that companies in the deemed profit system and real profit system must submit the ECD?
The “Escrituração Contábil Fiscal”, in portuguese, replaces the economic and taxes declaration by DIPJ starting in 2014 and must be submitted until the last day of september every year via SPED, just as the evaluation control of the real profit system and the social contribution, now digital (SPED).
The main difference in this scenario is the inclusion of the “Escrituração Contábil Fiscal” in the database of the SPED. This information was already submitted by the taxpayers via DIPJ and LALUR. Now, with the inclusion of the evaluation of the Social Contribution there will be the filling and control of the A and B parts of the Electronic Evaluation Books of the Real Profit System and of the CSLL. The balance informed in the books will be controlled in the B part, in case of transference from one year to another.
The most important
Compliance of this new rule by the taxpayers will require attention to 3 key-aspects:
A) Certify yourself that the bookkeeping was made and what cryteria was used.
B) Identify and have all the required transactional information to be submitted in your system.
C) Correctly adjust the accounting plan of the company to the indicated accounting plan.
The companies that do not adjust to the requirements and do not submit the information or even delay the submission may be subject to pay a fine equivalent to 0,25% a month or fraction of the net profit during the period of the evaluation, limited to 10%.
How is Partwork Associados going to help you?
We offer a complete revision of your company’s ECD, so that you can be sure that all the information are correct and can be submitted to Receita Federal and the Joints.
Get in touch and find out more about how Partwork can make your life easier and your job more successful.