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[BUSINESS] · Brazil · 3 sources

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Brazil President Lula sanctions US$ 50 import tax exemption

President Luiz Inácio Lula da Silva has sanctioned legislation that maintains the import tax exemption for international purchases valued up to US$ 50. This measure reverses a 20% tax rate that was implemented in August 2024 following pressure from the retail sector.

Under the new rules, international purchases between US$ 50 and US$ 3,000 will face a 30% federal tax. State-level ICMS taxes remain unaffected. To prevent fraud, digital platforms are required to monitor for split purchases or attempts to hide the true sender to circumvent the US$ 50 threshold.

The law also includes a special provision for medicines. Individuals importing treatments for rare or neglected diseases that lack a national equivalent can bypass the US$ 50 limit, provided the products are approved by Anvisa.

The decision has met opposition from the National Confederation of Industry (CNI), which claims the previous tax helped protect jobs and the domestic economy. President Lula dismissed these concerns, characterizing the items subject to the exemption as insignificant to the broader industrial sector.

Entities

Anvisa · Brazil · Confederação Nacional da Indústria · Luiz Inácio Lula da Silva · Receita Federal

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