- 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"
- Modulation of ICMS Ruling Applies from 2024, Exempting Intra-Company Transfers Across States
- Brazil’s National E-Invoice Standard: Streamlining Compliance and Revenue Control by January 2026
- Brazil Proposes 7% Digital Services Tax to Modernize Tax System and Boost Infrastructure
- Will Brazil’s Tax Reform Make Taxation Simpler?
- Brazil unveils Tax Relief Measures to Support Exporters facing US Tariffs
