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Brazil simplifies tax obligations with new legislation

  • Brazil has introduced a new Complementary Law, Number 199, that aims to simplify tax obligations.
  • The law includes guidelines for issuing electronic invoices and achieving supplementary obligations, with the goal of reducing compliance costs and encouraging conformity from taxpayers.
  • Tax administrations from all levels of government will be able to share data to decrease extra obligations and increase inspection efficiency.
  • The National Committee for the Simplification of Additional Tax Obligations (CNSOA), linked to the Ministry of Finance, will manage the simplification measures.

Source Pagero


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