Decoding ICMS, IPI, PIS and COFINS: A Brazilian Tax Guide
Embarking on a business journey in Brazil requires a comprehensive understanding of its intricate tax system. Among the key taxes, ICMS, IPI, PIS and COFINS play significant roles. ICMS, a state-level value-added tax, impacts goods and services transacted within a state. IPI, the industrial tax, imposed on manufactured products, determines producti