Ports and Terminals

Guarujá terminals and retroports’ tax is up 13.3% compared to 2018

Feb, 12, 2020 Posted by Sylvia Schandert

Week 202008

The terminals and bonded warehouses located on the Left Bank (Guarujá) of the Port of Santos increased their collection of Services Tax (ISS) by 13.3% in 2019 compared to 2018. The organizations were responsible for the generation of R$ 95,3 million in taxes for the city, compared to R$ 84.1 million in 2018.

There are 10 port terminals and eight bonded warehouses in Guarujá, in addition to companies that provide logistical services. In volume, port terminals are largely responsible for the positive result, rising from R$ 82.2 million in revenues to R$ 91.5 million. However, the great growth of the retroport terminals is noteworthy.

Although they are not as representative in the general collection of the Municipality as the giant port terminals, the retroport terminals showed an excellent performance in Guarujá in the comparison of 2018 with 2019.

Tax collection by retroport operators grew by no more than 102.5% in the period, from R$ 1.8 million to R$ 3.8 million. A highlight does for Localfrio S/A, which jumped from R$ 123.1 thousand to R$ 526.2 thousand.

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