- Brazil proposed a 7% “digital social contribution” tax on gross revenue from digital advertising and data sales.
- The tax is outlined in Complementary Bill 157/2025, submitted in July 2025.
- If approved, the tax would take effect on August 1, 2025.
- The bill requires approval by both the Senate and House, presidential assent, and publication, becoming effective 180 days after publication.
Source: kpmg.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.
Latest Posts in "Brazil"
- Minas Gerais Mandates Accreditation for Fuel Retailer Invoice Software Starting February 2026
- Brazil Implements Dual VAT: New Law Details Governance, Compliance, and Sector-Specific Tax Rules
- 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
- Brazil Grants Four-Month Penalty Waiver for New IBS/CBS E-Invoice Obligations in 2026
