Brazil’s Senate has recently approved a groundbreaking reform on consumption tax, a move that has been making headlines both locally and internationally.
While there are still steps to be taken before the approved proposal is enacted into law and implemented, here are some important details:
- The reform would replace the five current indirect taxes with an international dual VAT system with distinct federal and regional rates, to be determined later through complementary laws…
Source: www.vertexinc.com
Latest Posts in "Brazil"
- Q&A Highlights: Key Fiscalization Questions from “Brazil Enters a New Era” Webinar
- Brazil’s Shift to Software Fiscalization: Key Changes and Tax Reform Explained
- Webinar Fiscal Solutions: Brazil Enters New Era: SW Fiscalization Takes Over Brazil (Nov 27)
- Brazil Proposes 7% Digital Tax on Advertising and Data Sales Effective August 2025
- Brazil’s Dual VAT Reform: OECD Analysis, Implementation Challenges, and Global Comparisons
