Published on April 29, Decree No. 11,055/2022 extends the overall reduction in the Tax on Manufactured Products (IPI) rates to 35% for most products. At the end of February, the tax rates had been reduced by up to 25%.
The decree comes into force on May 1st. The new table is included in the legal act itself: read here.
In view of the recent changes, companies must pay close attention to the tax documents issued and received, in order to correctly apply the tax rates in effect.
The experts at DPC’s tax department assist companies in complying with their tax duties. You can count on the operational and strategic support provided by the DPC team: firstname.lastname@example.org.
How DPC may help your company?
Domingues e Pinho Contadores has specialized team ready to assist your company.
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