- The Federal Senate is currently considering legislation that would simplify VAT calculations.
- New technical notes are now available to help adapt current invoices.
- Businesses will need to review and understand the effect the proposed changes could have on their current operating models, particularly considering major milestones in the transition period.
Source EY
Latest Posts in "Brazil"
- Brazil Launches Automated Split Payment VAT System to Combat Fraud and Modernize Tax Collection
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- Brazil Adopts Dual VAT System: Key Amendments Clarify Compliance and Sector-Specific Indirect Tax Rules
- Brazil’s 2026–2032 Tax Reform: Transition to Dual VAT System and E-Invoicing Compliance
