What is COFINS?

What kind of tax is COFINS?

posted 2 years ago by
Franklin Vick

Franklin
Vick

1 Answer

COFINS is short for "Contribuição para o Financiamento da Seguridade Social". It's a federal contribution tax, based on gross revenues of business sales.

The current COFINS rate is 7.6%.

posted 2 years ago by
Cynthia Fujikawa Nes

Cynthia
Fujikawa Nes


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