Has anyone moved away from requiring hardcopy receipts in Brazil? I would like to go paperless but have been unable to assess the potential legal risks and considerations - if any. Thank you!
The cost of importing is composed of an import tax (II), taxes on the standard added value (ICMS) and a tax which is added to industrial products (IPI). The import duty is a federally mandated product specific tax levied on a CIF basis. In general, import duty rates range from 10% to 35%.