top of page
Search

Brazil Eliminates Federal Import Tax

  • May 15
  • 1 min read

President Luiz Inacio Lula da Silva signed an executive order that scraps federal taxes on foreign purchases, reversing course on an unpopular tax on goods that are bought on ecommerce platforms.


The order makes immediate changes to Programa Remessa Conforme (PRC) by eliminating  the federal taxes ​on foreign purchases worth up to $50. There are no longer duties on parcels below USD $50, and on purchases from $50 to $3,000, the duty is 60 percent, with a deductible amount of USD $30. The move is seen as a political one leading up to the October presidential election.

 

PRC is Brazil’s voluntary ecommerce compliance program that streamlines the customs process by allowing taxes to be collected at the time of purchase rather than upon the item's arrival. Online retailers and marketplaces must meet certain strict requirements to become certified and, in return, receive faster customs clearance and differentiated taxation.

 
 
 

Recent Posts

See All
Judge Presses CBP on IEEPA Refunds

The Court of International Trade (CIT) judge overseeing the issuance of refunds of International Emergency Economic Powers (Act) tariffs issued two orders recently that question the slow pace of the r

 
 
 
European Commission Sets New Guidance for EUDR

The European Commission has issued an updated guidance that sets the course for “a smooth and effective” implementation of the revised European Union Deforestation Regulation (EUDR) on December 30, 20

 
 
 
CBP Refund System Goes Live

Customs and Border Protection (CBP) went live on April 20 with its automated tariff refund system. Phase 1 of the Consolidated Administrative and Processing of Entries (CAPE) system allows the importe

 
 
 
bottom of page