The Brazilian Government has announced the publication of Law No 15.122 of 11 April 2025 in the Official Gazette, which is known as the Economic Reciprocity Law. The law enables Brazil to impose import duties and suspend trade concessions, investments, and obligations related to intellectual property rights in response to unilateral actions by other countries or economic blocs that negatively affect Brazilian international competitiveness.
Sources:
Latest Posts in "Brazil"
- Brazil Proposes 7% Levy on Large Digital Platforms’ Turnover from User Data and Ads
- FINTUA Global VAT Guide for September 2025
- Brazil’s Tax Reform: Simplifying System with Dual VAT, Addressing Short-Term Transition Challenges
- 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
