New bill aims to increase the Financial Compensation for the Exploitation of Mineral Resources (“CFEM”) for lithium
According to the bill’s author, Congresswoman Dandara (PT)), the bill seeks to increase the funds destined for the sustainable development of areas impacted by mineral exploitation and allocate part of the profits from the activity to foster social areas, science, technology, and the environment. The bill now awaits the opinion of the Mines and Energy Committee (“MME”).
Summary of the main aspects of the Brazilian Tax Reform on the indirect taxation
The Brazilian House of Representatives approved the tax reform bill (PEC-45-A) that simplifies taxation on consumption. The bill creates two VAT taxes (IBS and the CBS) that will replace all existing Federal, State and Municipal taxes assessed on the sale of goods, services and rights. A transition phase has been established until 2032. Download
Changes in PIS/COFINS, ICMS and International Shipments rules
Check out the latest tax legislation news.