On June 30, 2014 the Finance Minister has announced to extend a tax break for the car and furniture industries until the 31 December 2014, in order to help boost sales depressed by a slowing economy. The taxes for new cars are in between 3% to 10% which were fixed at the beginning of this year and it is depending on the engine capacity and the type of fueling the vehicle requires.
Related Posts
Brazil: RFB issues procedures for withholding income tax on profits, dividends
Brazil’s tax authority, the Federal Revenue Service (RFB), announced that it enacted Law No. 15,270 of 26 November
Read MoreBrazil bars in-person issuance of individual income tax return copies
The Brazilian Federal Revenue Service (RFB) announced the publication of Ordinance RFB No. 713, dated 30 July 2026,
Read MoreBrazil: RFB, CGIBS set mandatory issuance schedule for tax documents under Consumption Tax Reform
The Brazilian Federal Revenue Service (RFB) and the CGIBS have announced on 31 July 2026 that the approval of Joint Act
Read MoreBrazil to ease mandatory tax information requirements in electronic fiscal documents
Brazil's Federal Revenue Service (Receita Federal) and the IBS Management Committee (CGIBS) will suspend the mandatory
Read MoreBrazil: RFB, Petrobras reach pre-audit agreement on Repetro-Sped status
The Brazilian Federal Revenue Service (RFB) has published the Executive Declaratory Act Sutri No. 4/2026, dated 21 July
Read MoreBrazil: RFB, CGIBS to publish joint act on mandatory electronic tax document dates for CBS, IBS
The Brazilian Federal Revenue Service (RFB) and the Management Committee for the Tax on Goods and Services (CGIBS) have
Read More