Provisional Measure Changes PIS/Pasep And COFINS Rates On Imports

Levied at 1,65% and 7,6% rates respectively for many years, contributions PIS/Pasep and COFINS on imports will undergo a significant increase from May 1, 2015 on-wards, according to the terms of Provisional Measure 668/2015.

Only service imports remain with the previously defined rates - all operations with product imports now have increased rates. General product imports had its PIS/Pasep rate increased to 2,1% and COFINS rate increased to 9,65%.

Specific products that were already subject to special PIS/Pasep and COFINS rates were also adjusted, according to the table below:

Finally, that Provisional Measure...