How is ICMS calculated?

How is ICMS calculated?

posted 1 year ago by
Elsie Barton

Elsie
Barton

1 Answer

ICMS is calculated based on the value added in each stage of the sale from manufacturer to consumer.

ICMS is only calculated based on the added value to the taxed item, not on its total price.

posted 1 year ago by
Cynthia Fujikawa Nes

Cynthia
Fujikawa Nes


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