Phase 1: Replacement of Program of Social Integration (PIS) and Contribution for the Financing of Social Security (COFINS) with a single federal value-added tax (VAT)
Phase 2: Elimination of both the contribution for intervention on economic domain (CIDE) and the federal excise tax
Source EY
Latest Posts in "Brazil"
- Goiás Mandates Real-Time Integration of Electronic Payments with Invoices for ICMS Taxpayers
- Brazil Launches DF-e Testing for New VAT Split Payments Mechanism Starting April 2026
- Brazil’s Split Payment Tax Reform: Key Technical Notes and Business Implications for 2026 Implementation
- Brazil Publishes Supplementary Law No. 227/2026, Advancing Tax Reform and Establishing IBS Management Committee
- Brazil tax reform: Implementation phase goes live
