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Shopee has been approved to join the Brazilian Tax Compliance Program

It is reported that Shopee has been approved to join the Brazilian tax compliance program (Remessa Conforme). According to new regulations from the Brazilian government, consumers who purchase goods of less than US$50 on cross-border e-commerce platforms that have joined the Brazilian Tax Compliance Program (Remessa Conforme) are exempt from import taxes, but they still need to pay the Goods and Services Circulation Tax (ICMS). ).

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