In April 2015 Constitutional Amendment No 87/2015 (the Amendment) was introduced, providing a new taxation regime for state-level VAT on interstate sales performed remotely. This week, part of the expected regulation was enacted.
Source: New VAT split for interstate transactions in Brazil | International Tax Review
Latest Posts in "Brazil"
- Brazil Temporarily Disables Automatic Rejection for Missing CBS and IBS Fields
- Brazil Establishes Phased Timetable for Electronic Fiscal Documents Under CBS and IBS
- Brazil’s IBS Committee Signals a 27.9% Combined VAT Rate in New Revenue Methodology
- Brazil Expands Tax Rules for Foreign Digital Service Providers
- New IBS/CBS E-Invoicing Regime Implementation Timetable Published
