Service tax does not levy on lease of moveable property


Service tax does not levy on lease of moveable property


In a judgment based on Supreme Court’s precedents, Brazil’s Superior Court of Justice has held that the municipal service tax (ISS) is not levied on lease of moveable property. The decision was based on the fact that moveable property lease cannot be considered as a provision of service and, thus, ISS cannot apply. (Special Appeals No. 797799)