Brazil Sales Tax Rate | VAT
Brazil Sales Tax Rate | VAT | 2006-2015 | Data | Chart | Calendar
The Sales Tax Rate in Brazil stands at 19 percent. . Brazil operates a multiple rate system with ICMS (Imposto de Circulação de Mercadorias e Serviços) tax levied at a state level. Intrastate transactions are taxed between 17 and 19 percent, interstate transactions are taxed at 7 percent or 12 percent, and most imported goods are taxed at a rate between 18 percent and 25 percent. Some states offer rate reductions or later payment dates as a fiscal incentive for the installation of factories.
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