Brazil ICMS state convention harmonises import VAT for ecommerce

Brazil's National Council of Fiscal Policy (CONFAZ) issued Convention 49/2025: - Uniform 17% ICMS for Remessa Conforme certified ecommerce imports under R$ 3,000 - Standard II (import duty) of 20% continues with R$ 50 de-minimis - Combined effective tax on B2C parcel: ~ 60% (II + ICMS + PIS/COFINS) - Compliance: real-time tax payment at customs clearance The reform targets transparency and curbs platforms that previously routed shipments through low-ICMS states. Major affected platforms: Shopee, Shein, Aliexpress, Temu.