BrasilTaxes

= Taxes in Brasil = WIP

See this page for the listing of all the taxes which exist in Brasil: www dot senado dot gov dot br/noticias/jornal/cidadania/impostos/not03.htm

• The information here may be not 100% correct, or it may not work on 100% of the cases. I wrote this according to my experience based on real life situations.

Taxes on product sales

All products sold in Brasil usually have the following taxes applied.

• Federal taxes

II - Import duties , applied in case of an imported product. IPI - Tax on Industrialized products PIS - Social Integration Program tax. COFINS - Contribution for financement of Social Security.

• State taxes

ICMS - It is a equivalent of the VAT in Europe or TAX in USA. But its calculated included in the price. ICMS-ST - This is a tax applied when you sell from state to state.

Taxes on service sales

• Federal taxes

PIS - Social Integration Program tax. COFINS - Contribution for financement of Social Security.

• Municipal taxes

ISS - Tax on services