ANNOUNCED AS TEMPORARYYes
Tax or social insurance relief
Update on goods exempted in the obligation of paying contributions towards the following social insurance contributions and taxes in Brazil: Industrialized Products (IPI), PIS/PASEP as well as COFINS contributions.
These goods are linked to the supply chain of the final production of semiconductors in Brazil.
These goods were removed from PADIS and are now subjected to taxes normally.
The stated reductions are to remain in place until the 22 January 2022.
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