Unique Complexity Makes Brazil's Tax Legislation Challenging

Brazil has a unique complexity of tax regulations which set it apart from other countries, not just across the region but compared to the rest of the world.

It's a common mistake for a company doing business in other Latin American countries to assume that starting an operation in Brazil will follow a familiar process.

In fact, Brazil has a huge variety of different taxes, with a continuous flow of regulatory changes which average 51 new tax rules every working day.

Besides the national taxes issued by the Secretaria da Receita Federal do Brasil, most commonly referred to as Receita Federal (RFB),  there are regional taxes imposed by 27 states, and 5570 different municipalities, each of which imposes its own taxes.