UNDERSTANDING ICMS, IPI, PIS AND COFINS: A BRAZILIAN TAX GUIDE

Embarking on a entrepreneurial journey in Brazil requires a thorough understanding of its nuances tax system. Among the essential taxes, ICMS, IPI, PIS and COFINS play critical roles. ICMS, a state-level value-added tax, applies goods and services bought within a state. IPI, the production tax, imposed on manufactured products, influences productio