This is the 1424th most frequent Portuguese word.
icms
"ICMS" refers to the "Tax on Circulation of Goods and Services," a Brazilian value-added tax applied to the movement of goods, transportation, communication, and certain services.
In this sentence, 'ICMS' is used as the abbreviation for 'Imposto sobre Circulação de Mercadorias e Serviços', which is a specific tax in Brazil applied to goods and services. The context is formal and fiscal.
O ICMS é um imposto aplicado sobre a circulação de mercadorias.
ICMS is a tax applied on the circulation of goods.
Here, 'ICMS' refers explicitly to the tax related to the company's products. It is used in an economic and strategic planning context.
Na reunião, discutimos a melhor forma de calcular o ICMS para os nossos produtos.
During the meeting, we discussed the best way to calculate the ICMS for our products.
In this sentence, 'ICMS' is mentioned as a component to be factored in invoices. The context is practical and related to accounting and legal compliance.