"We will follow the example of developed nations, a digital tax," finance minister Fernando Haddad told reporters. "Consumers will be exempt from any tax collection when they make the purchase; companies will collect it without passing on any additional cost."
The move comes after President Luiz Inacio Lula da Silva asked his economic team not to proceed with a previously planned ending to tax exemptions for international orders from individuals.
Haddad did not provide further details on the new proposal. According to a source at the Finance Ministry, the proposed measure will not involve creating a new tax, but instead adopting an improved collection system. The source emphasised that the tax in question already exists and will be collected electronically prior to the shipment of goods.
"We are not going to create or increase taxes, we are just going to make easier electronic collection possible," said the source, who spoke on condition...