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The secretaries and finance secretaries of the 26 states and the Federal District agreed, by a large majority, this Friday, the 6th, to increase the rate of the Tax on Circulation of Goods and Services (ICMS) from 17% to 20% on purchases on international websites, such as Shein and AliExpress. With the decision, the price for the consumer should increase.
The increase will only take effect from April 1, 2025due to the tax principles of anteriority and nineteena. In cases where the modal rate is less than 20%, implementation will depend on approval by the respective state Legislative Assemblies.
Brazilians have been making more and more purchases on these websites of Asian origin, such as Shein and Aliexpress/Photo: Reproduction
