Brazil — Historical Events Description

Brazil flag
Brazil
Event
Decree-Law 406 Sets Tax Norms
Category
Economic
Date
1968-12-31
Country
Brazil
Description

This established a general financial-law norms for taxes on circulation of goods and services of any nature. It provided a national legal framework used by governments in applying these taxes. The decree-law became historically important because it influenced how service-tax rules were handled for many years. Later legislation (such as later complementary laws) referenced it as part of the legal evolution of these taxes.