Brazil Updates EFD System FAQs to Include CBS, IBS, and IS Recording Requirements

• The Brazilian Federal Revenue Office updated FAQs on the EFD system for ICMS and IPI taxes.
• The update requires recording CBS, IBS, and IS taxes in the EFD ICMS IPI.
• The update was issued on July 30.

Source: news.bloombergtax.com

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.