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"
- Brazil Updates Digital Accounting Bookkeeping Program for 2025 Filings
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- Mandatory National Electronic Service Invoice (NFS-e) for Micro and Small Enterprises Starting September 2026
- Brazil Updates e-Invoice Rules: New VAT, Credit Note Types, and MEI Validation from 2026
- Brazil Overhauls Indirect Tax System with New Dual VAT (CBS/IBS)
