- Consultation Solution No. 216 clarified the IPI exemption for vehicles from countries with equal tax treatment
- RFB Executive Declaratory Act No. 3 introduced changes to the tax incidence table for IPI
- Consultation Solution No. 242 clarified that packaging that enhances products is considered industrialization for IPI purposes
- The Superior Court of Justice ruled that ICMS credits can be claimed for intermediate products used in the production process.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Brazil"
- Modulation of ICMS Ruling Applies from 2024, Exempting Intra-Company Transfers Across States
- Brazil’s National E-Invoice Standard: Streamlining Compliance and Revenue Control by January 2026
- Brazil Proposes 7% Digital Services Tax to Modernize Tax System and Boost Infrastructure
- Will Brazil’s Tax Reform Make Taxation Simpler?
- Brazil unveils Tax Relief Measures to Support Exporters facing US Tariffs
