Brazil released the “Practical Guide for EFD-ICMS/IPI Version 3.2.0,” which introduces new indirect tax reporting guidelines for the 2026 fiscal year. A core change requires taxpayers to include IBS, CBS, and IS tax amounts in the total value reported on fiscal documents, with specific updates to Field 04 of Record D700 and expanded guidance for the K230 Registry and the Tax Reform on Consumption. These updated rules create compliance challenges for businesses, necessitating timely adjustments to their reporting practices to be effective in early 2026.
Source: regfollower.com
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