What is the Simplified Tax Regime?
If I send goods purchased from a UK website to Brazil via mail/courier will simplified regime of 60% apply?
Does the 60% apply to the total cost of goods+shipping+insurance?
Do I need to pay 18% ICMS on top of that? If so is that 18% of the cost of the goods or good+shipping+insurance?
posted
S
Spurlock
1 Answer
Spurlock,
Correios charges 60% for the Import Duty, the local ICMS (that varies from state to state) and a custom clearance fee of BRL 150,00 for goods ranging from US$ 500,00 to US$3.000,00. Exemptions apply to imports up to US$ 50,00, books and medication with medical prescription.
Best regards, Andréa Novais
posted
