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.