UNDERSTANDING ICMS, IPI, PIS AND COFINS FOR BRAZILIAN BUSINESSES

Navigating the Brazilian tax landscape can be a complex endeavor for businesses. Four key federal taxes - ICMS, IPI, PIS, and COFINS - play a significant role in the financial operations of every company operating within Brazil. Understanding these taxes is crucial for ensuring compliance and optimizing profitability. ICMS, or Imposto sobre Circul