VATupdate

Share this post on

Brazil Preserves Tax Credits During Transition to New Federal VAT System

  • Brazil confirmed that existing PIS, PASEP, and COFINS tax credit balances will be carried forward under the new federal VAT (CBS) transition.

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.



Sponsors:

VAT IT
Pincvision

Advertisements:

  • advert
  • iopole