Brazil plans ‘digital tax’ on shipments from e-commerce giants
"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…