Federal manufacturing indirect tax IPI discounted to curb inflation and help post-COVID Brazil has discounted by 25% its federal tax on manufacturing, IPI, Imposto sobre Produtos Industrializados. For a number of automobile vehicles, the IPI rates are reduced by 18.5%. This came into effect on 25
Senate progresses three taxes to replace COFINS, PIS, IPI, ICMS and ISS indirect tax maze One of the many proposals to reform the complex Brazilian indirect tax system is set to progress this year. Senate PEC 110/2019: consolidating existing federal and state taxes into a two
There are currently no Brazilian consumption taxes on non-resident provided digital or electronic services. The Brazilian indirect tax system is highly complex, and overlapping, with many conflicted state, federal and municipal taxes. Follow VAT Calc’s global live VAT invoice transaction and e-invoice reporting tracker to see
