- Brazil’s Senate is currently analyzing a long-discussed tax reform proposal for indirect taxes. The approval process is expected to be concluded in the coming months.
- Currently one of the most complex tax systems in the world, Brazil’s legislative framework for indirect taxes could undergo major changes.
- If approved, the proposal will result in a major simplification in rates, incidence and value-added tax (VAT) returns.
Source EY
Latest Posts in "Brazil"
- Brazil Introduces Tax Incentives to Boost Datacentre Investment and IT Exports Under New Regimes
- São Paulo Eliminates ICMS Tax Substitution for Hundreds of Products Starting 2026
- Trickiest countries in which to achieve compliance
- Brazil Updates Indirect Tax Reporting Rules for 2026 Including IBS, CBS, IS
- STJ Suspends Appeals on ICMS DIFAL Inclusion in PIS/COFINS Tax Base Nationwide
