Decoding ICMS, IPI, PIS and COFINS: A Brazilian Tax Guide
Embarking on a commercial journey in Brazil requires a detailed understanding of its nuances tax system. Among the key taxes, ICMS, IPI, PIS and COFINS play significant roles. ICMS, a state-level consumption tax, applies goods and services exchanged within a state. IPI, the production tax, collected on manufactured products, determines production c