BKK2 on 10 September 2008
FilaBrasileiro said:
I should've specified that:
II = Import taxes
ICMS = Taxes on merchandise and services
IPI = taxes on national and foreign products that are assembled from other products (Exempt if Product is build in the Zona Franca de Manaus - It's a free trade zone, there are a total of 8 (I think) free trade zones in Brazil)
PIS = taxes paid by anyone if they have the purchase to resell said product
Confins = taxes paid in order to attend social programs by the government
I should've specified that:
II = Import taxes
ICMS = Taxes on merchandise and services
IPI = taxes on national and foreign products that are assembled from other products (Exempt if Product is build in the Zona Franca de Manaus - It's a free trade zone, there are a total of 8 (I think) free trade zones in Brazil)
PIS = taxes paid by anyone if they have the purchase to resell said product
Confins = taxes paid in order to attend social programs by the government
Thanks for the explanation.
