Brazilian states approve tax on online purchases
Brazilian state governments have reached an agreement to implement a 17% tax on electronic purchases from foreign companies, such as...
June 23, 2023Topic
ICMS tax brazil
Brazil’s Bolsonaro sanctions inflation-busting ICMS law
approved the bill to limit state-level VAT (ICMS) on diesel, gasoline, electricity, communications, and collective transport.
June 24, 2022
Fuels generate record tax revenue for Brazilian states in 1st quarter
The ICMS tax on motor fuels and lubricants drew record collections from states in 1Q2022. The federal entities collected R$32.76...
May 4, 2022