Brazil to end tax exemption on international orders, targeting Asian e-commerce giants
By
Biju Kumar
Brazil’s government announced on Tuesday it would end a tax exemption on international orders up to $50 as part of an effort to tax purchases from global retail giants.
The revenue service said that the exemption never applied to e-commerce but only to shipments from individual to individual, and had been “widely and fraudulently used for sales made by foreign companies.”