Taxes

President Luiz Inácio Lula da Silva signed a provisional measure on Tuesday eliminating the 20% federal tax on international purchases up to US$ 50 from platforms in the Remessa Conforme program. Companies including Amazon, Shein, Shopee, AliExpress, Magazine Luiza and Mercado Livre have already removed the charge. The change reverses a 2024 Congress decision.

May 12, 2026 Reported by AI

The Agencia de Recaudación y Control Aduanero (ARCA) reported that more than 80,000 people have registered for the Simplified Sworn Declaration Regime for Income Tax. Adhesions doubled in the last 20 days after the launch of an app with preloaded data.

The German federal government under Finance Minister Lars Klingbeil (SPD) failed to agree with the Union on budget savings. Instead, taxes on alcohol, tobacco, and cryptocurrencies are set to rise, with new levies on sugar and plastic. The measures appear in the 2027 budget draft to be presented to the cabinet on Wednesday.

April 27, 2026 Reported by AI

Cali's City Hall confirmed the 15% early payment discount on property tax ends on April 30 with no extension. The administration is ramping up special sessions and mobile services to ease payments. Taxpayers current on prior obligations can claim the benefit through multiple channels.

Chile's Reconstruction National bill proposes a full property tax exemption for people over 65 on their primary home, sparking alarm among mayors over municipal funding and the Common Municipal Fund. The government projects a US$200 million revenue drop, with compensation details unresolved. Several mayors decry the impact on basic services.

April 21, 2026 Reported by AI

Chile's Internal Revenue Service (SII) has ramped up road checks to verify goods transport documentation, seizing 255 vehicles and issuing 20 infractions during Easter week. The efforts aim to combat tax evasion and informal trade through product traceability. Director Jorge Trujillo highlighted the need for coordination with other agencies.