The Ministry of Finance denies the end of the tax exemption on international purchases

The Ministry of Finance issued an official memorandum on Thursday (10) denying it End import tax exemption for international purchases Worth up to $50.

According to Metropolis journalist Paolo Capelli, the Finance Ministry is considering ending the import tax exemption permanently. A panorama that will directly impact consumers who make purchases on platforms such as Shein and AliexPress.

Initially, it was possible to discuss the immediate termination of the exemption. However, the Treasury Department had backed off and is only continuing future negotiations on adjustments to the federal rate in parallel with the collection of 17% ICMS from the states.

Check below the official statement issued by the Ministry of Finance and published on its website Official site

Regarding the information that the import tax exemption for purchases up to 50 USD will expire, the Ministry of Finance clarified that the National Council for Fiscal Policy (Confaz) has determined that all states will adopt an import tax rate of 17% ICMS on import operations via e-commerce, payable on Immediately, without any change in federal taxes.

At the same time, all rules of the Revenue Remessa Compliance Program continue to apply, and negotiations continue, under the Ministry’s leadership, regarding future amendments to the federal rate.