Michaela Merz


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Brasil – IPI on resale of imported products


651883_web_R_K_by_lichtkunst.73_pixelio.deAs a general rule, IPI, Brazilian equivalent of Excise Tax, is imposed on imports of goods. Importers of records similar to producers are required to collect IPI on resale of imported products.

This taxation of resale of imported products for IPI purposes became a controversial matter in Brazil, as many companies started to litigate, arguing that IPI should not be imposed on such resale Transactions. Continue reading