The Brazil Business writes about another key aspect of doing business in Brazil – the ICMS tax. As mentioned in the article, “ICMS is one of the most common taxes in Brazil and applies to the commercialisation of goods and services.”
In this article, you will learn more about:
What does it apply to?
Who pays for it?
Calculation basis for ICMS
Partial refund of ICMS
To read the entire article, click here.