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October 24, 2008
Posthaste sails through state tax audit

After a two month review of thousands of documents, spanning business over the past five years, the Rio de Janeiro state tax collector has closed its tax audit at Posthaste "not finding any irregularities".

The favorable audit result, somewhat rare in Rio, is a testament to Posthaste's constant vigilance with regards to compliance matters.

The audit included a review of all invoices, expenses, export documentation, foreign exchange controls, inventory control books, state sales tax control books, and related supporting documents.

Posthaste Ltda. is proud of the positive outcome of this latest audit.

Despite Brazil's notoriously complicated bureaucracy, we are committed to building the formal economy in Rio de Janeiro, creating legal jobs and contributing to the government's many social programs.