Brazil Enacts Law for Indirect Tax Reform: Complementary Law No. 214 of 2025

• Brazil published Complementary Law No. 214 on January 16, 2025
• The law regulates the country’s indirect tax reform
• The law institutes the Tax on Goods and Services (IBS), the Social Contribution on Goods and Services (CBS), and the Selective Tax (IS)
• It creates the IBS Management Committee and amends tax legislation
• The IBS and CBS are based on the principle of neutrality to avoid distorting consumption decisions and economic activity organization
• The IBS and CBS apply to onerous operations with goods or services

Source: in.gov.br

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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