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Brazil Tariff and Tax

Come here to discuss the Brazil's standards of various industry, products registration and import regulations as well as tariff information.

Brazil Tariff and Tax

Postby qszheng_forum » Mon Dec 22, 2008 2:04 am

TARIFF RESOURCE: TARIFF INFO IN BRAZIL CHANGES DAILY. FOR MOST ACCURATE INFO, CONTACT THE TIC AT 1-800-USA-TRADE.
TAX: There is an Industrial Product Tax (IPI) (Federal sales tax) that ranges between 5 and 15 percent and a Merchandise Circulation Tax (ICMS – state sales tax) that is generally around 18 percent. There is also a 1 percent miscellaneous tax. In addition, there is a Social Security tax that varies by product but is approximately 10 percent. Contact the TIC for full explanation of how taxes are applied.
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