Brazil: Changes to Brazil's Excise Tax on Industrialized Products (IPI)
On August 31, 2015, a special edition of the Official Gazette published Provisional Measure (MP) 690, in which the Excise Tax on Industrialized Products (IPI) on alcoholic beverages was changed from an ad rem to an ad valorem system. Also on August 31, Decree 8,512 was published, which established the actual tax rate for each type of beverage under the new system.
Brazil: Changes to Brazil's Excise Tax on Industrialized Products (IPI)