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Brazil: Reduction of import value added taxes

Description

On 13 April 2012, Brazil's Federal Senate adopted in Resolution No. 13/2012 the creation of a unified state import value added tax (Imposto sobre a Circulaçăo de Mercadorias e Serviços) ICMS of four p...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

01 Jan 2013

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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