Brazil: Updates in foreign trade
KPMG member firm in Brazil prepared a report covering updates in the field of foreign trade.
Report covering updates in the field of foreign trade
The KPMG member firm in Brazil prepared a February 2024 report (Portuguese) covering updates in the field of foreign trade.
In particular, the report covers the following developments:
- Normative Instruction No. 2,169/2023 which approves the consolidated text of the explanatory notes of the Harmonized Commodity Description and Coding System (NESH) published by the World Customs Organization (WCO)
- Normative Instruction No. 2,171/2023 which approves the translation into Portuguese of the collection of classification opinions of the WCO Harmonized System Committee updated until June 2023
- Ordinance Suara No. 43/2024 which promotes changes to Ordinance No. 42/2023 regarding services required through a digital process
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.