- Brazil is replacing multiple existing consumption taxes with a unified CBS (federal) and IBS (state/municipal), plus a Selective Tax (IS), under a phased transition from 2026 to 2033.
- For the first time, non-resident digital suppliers (e.g., SaaS, streaming, platforms) must register for CBS/IBS and collect tax on Brazilian sales.
- Platforms may be held responsible for tax collection; if neither supplier nor platform registers, financial institutions may withhold the tax.
- E-invoicing requirements are being updated to include CBS/IBS fields, with a national model for service invoices advancing.
- Foreign digital sellers must prepare for tax registration, review contracts, adjust pricing/ERP systems, and ensure e-invoicing compliance.
Source: globalvatcompliance.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.
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