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Brazil Considering IPI exemption for Certain Essential Products

|Proposed Changes|Brazil
Brazil

Legislation has been introduced in Brazil's Chamber of Deputies to provide an exemption from federal excise tax on manufactured products (Imposto sobre Produtos Industrializados - IPI) for products that are essential for health, education and security. If adopted, the IPI exemption would apply for products purchased by municipalities, states, not-for-profit foundations and public enterprises, b…

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