Follow-up and management of fiscal added value in minas gerais: some considerations about its efficiency

Abstract

This article focuses on the Value Added Tax - VAF, which is one of the main criteria for the distribution of the Tax on Circulation of Goods and Provision of Interstate, intercity and communication services (ICMS) in the state of Minas Gerais. In order to measure the Added Value in the historical and theoretical context aiming to show certain inefficiencies existing in the presentation of data by companies and in the verification by the municipalities, a fact that can cause losses, mainly to smaller municipalities, observing these facts we will show the types of existing VAF and we will deal with the relevance of each of these for the participation of each municipality in the state's ICMS, we will show in a theoretical way the problems encountered by the municipalities in the calculation and inspection of the Added Value, seeking solutions to correct the errors that may exist in the Annual Declarations of Economic Movement of the companies, discussing the impact that these errors can generate in the municipal public accounts. To achieve these goals and bring a better understanding of the importance of the concepts of Value Added Tax, we sought to do a quantitative, exploratory and documentary descriptive research, by means of bibliographic / documentary survey through consultations to books, articles, laws, among other documents, seeking to make comparative analyses with the purpose of achieve the proposed objective. Finally, we will present some suggestions identified in the article in order to see the VAF being operated in a less bureaucratic, more managerial way, aiming at greater efficiency for all municipalities in calculating the Added Value and in the participation of the collection of the ICMS.