Navigating ICMS, IPI, PIS and COFINS: A Brazilian Tax Guide
Embarking on a commercial journey in Brazil requires a comprehensive understanding of its intricate tax system. Among the key taxes, ICMS, IPI, PIS and COFINS play critical roles. ICMS, a state-level sales tax, affects goods and services exchanged within a state. IPI, the production tax, levied on manufactured products, shapes production costs. PIS