Brazilian IRS amends the legislation on indirect imports
In summary In September 13, 2022, the Brazilian IRS issued the Normative Ruling nº 2,101/22, which amends the Normative Ruling nº 1,861/18 that regulates the so-called indirect imports (import by order and import on account of third parties). We highlight the provision that the predetermined acquirers of the imported goods can be both legal entities […]