The Federal Supreme Court addressed the collection of ICMS (Imposto sobre Circulação de Mercadorias e Serviços)—a state-level sales tax imposed on the physical movement of merchandise—when an interstate transaction involves goods intended for non-tax paying consumers.
Source: KPMG
Latest Posts in "Brazil"
- São Paulo Eliminates ICMS Tax Substitution for Hundreds of Products Starting 2026
- Trickiest countries in which to achieve compliance
- Brazil Updates Indirect Tax Reporting Rules for 2026 Including IBS, CBS, IS
- STJ Suspends Appeals on ICMS DIFAL Inclusion in PIS/COFINS Tax Base Nationwide
- STF Prohibits Retroactive ICMS Collection on Intra-Company Transfers Before 2024
