Brazil is, without doubt, one of the most challenging jurisdictions in the world when it comes to tax legislation. The intricate fiscal system that encompasses rules from 27 states and over 5000 municipalities has created a burden on companies, especially for cross-state and cross-municipality transactions.
Furthermore, taxpayers must carefully examine the numerous e-invoicing formats and requirements (and, sometimes, the lack of such). Therefore, hopes for tax reform in Brazil have existed for quite some time.
Source: SOVOS
Latest Posts in "Brazil"
- STJ Suspends Appeals on ICMS DIFAL Inclusion in PIS/COFINS Tax Base Nationwide
- STF Prohibits Retroactive ICMS Collection on Intra-Company Transfers Before 2024
- Brazil’s New Indirect Tax Reporting Guidelines: Key Changes and Compliance Challenges for 2026
- Brazil Mandates NBS for National E-Invoicing Service Classification Starting January 2026
- Brazil Urges Over 3,000 Companies to Settle Outstanding PIS/Cofins Debts by October 2025
