- Brazil’s Federal Revenue has issued new guidance on the upcoming value-added taxes: CBS and IBS.
- From January 1, 2026, taxpayers must issue electronic tax documents specifying CBS and IBS amounts per transaction.
- Taxable persons must register with the CNPJ from July 2026.
- 2026 will be a test year; taxpayers are exempt from paying CBS and IBS if they comply with documentation requirements.
- The guidance details main and ancillary obligations, document formats, and transition information for companies.
Source: vitallaw.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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