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 essential taxes, ICMS, IPI, PIS and COFINS play significant roles. ICMS, a state-level value-added tax, applies goods and services exchanged within a state. IPI, the manufacturing tax, collected on manufactured products, determines pro