VATupdate

Share this post on

New Regulation for ICMS Tax on Interstate Transactions in Brazil

Following a recent law regulating Brazil’s State VAT on interstate transactions, new controversies remain on the horizon.

On 5 January 2022, Supplementary Law 190/2022 was published to regulate the allocation of Brazil’s State VAT (ICMS) revenue on interstate transactions to end consumers (DIFAL), but it has ended up creating new controversies over the start of the new rules’ effects.

Source WTS

Sponsors:

VAT news

Advertisements: