Brazil — Historical Events Description

Brazil flag
Brazil
Event
Consumer Tax Disclosure Law (Law No. 12,741)
Category
Economic
Date
2012-12-08
Country
Brazil
Description

This required measures to inform consumers about taxes included in the prices of goods and services, under a constitutional transparency rule. It amended parts of Brazil’s consumer protection framework to support clearer information at the point of sale. The goal was to improve price transparency so consumers better understand the tax portion of what they pay.