WebThe Brazilian Fiscal Authority created a electronic reporting requirement as part of the SPED Fiscal Initiative, outlined in the legal resolution IN1052/2010 for PIS/PASEP and COFINS taxes (Contribution for the Financing of Social Security). SPED EFD ( Escrituracao Fiscal Digital) PIS/COFINS is the fiscal digital bookkeeping reporting for PIS ... WebMar 19, 2024 · PIS , Programa de Integração Social, at a rate 1.65% with COFINS together comprise the social contributions levy applicable to transactions. IPI , Imposto sobre Produtos Industrializados – the federal tax on manufactured goods. The rate can be up to 300%. The ad valorem rate is set by HS product code and can be up to 300%. The …
Brazil: Interpretation on ICMS exclusion of PIS/COFINS tax basis
WebMar 15, 2024 · In the aftermath of the COVID-19 pandemic and with the recovery of economic activities, the Brazilian government is seeking to boost tax collection by … WebApr 14, 2024 · The KPMG member firm in Brazil prepared a report that describes recent direct and indirect tax developments that may affect companies in the financial, … fit pittsburgher
Cofins - Masterclass Brazil
WebIn Brazil, the taxes and contributions levied on sales activities are organized as follows: Federal: IRPJ, PIS, COFINS, CSLL, IPI (Industry), Import Tax and Export Tax. Those taxes are already well explained in other articles of The Brazil Business. By clicking on each tax above, you will get access to that detailed information. WebSep 16, 2016 · 4. PIS/PASEP and COFINS. Due to law n° 10.865/01 from May 30th, 2004, Brazilian government provides the recovery of. PIS/PASEP & COFINS on goods and services import, as it is the case for the national ones. The rates are respectively 1,65% and 7,6%. Meanwhile, the value may vary for some goods (eg: oil products, tires, packaging, … WebJan 13, 2024 · Brazil: New Regulation on PIS/COFINS published on 13 January 2024 reading time approx. 3 minutes On 20th December, the Brazilian Federal Revenue … fit pit walkway patio