Import Duties and Taxes in Brazil

The Specificities of Brazilian Taxation Brazilian taxation is complex and cumbersome, there are seven taxes payable to nationalize its products (L’II, IPI, AFRMM PIS, COFINS, SISCOMEX tax and ICMS). These taxes on imports into Brazil are cascaded. The Import Duties and Taxes Calculation is a tool that takes into account these different taxes and allows to directly calculate…