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"
- 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)
- PAA Model for NF-e/NFC-e: Rules, Responsibilities, Digital Signatures, and Implementation Timeline
- Brazil NF-e/NFC-e: Alphanumeric CNPJ Update, Schema Changes, Timeline, and Impacted Parties
