- Brazil’s Simples Nacional regime will include the new CBS and IBS taxes in its tax base.
- CBS and IBS are set to replace PIS and Cofins starting next year.
- Taxpayers may choose to pay CBS and IBS outside Simples Nacional by opting into the regular regime.
- For a January 2027 start, the election window is September 1–30, 2026, and it can be canceled by November 30, 2026.
Source: regfollower.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"
- STJ Rules CPRB Must Be Included in PIS/Cofins Tax Bases
- Brazilian Courts Rule on Dividends, PERSE, IPVA, and PIS/Cofins Tax Issues
- Brazil Updates EFD Guide to Include Electronic Natural Gas Invoice Accounting
- Brazil Sets September 2026 Tax Election Deadline for Simplified Regime Businesses
- Brazil Updates Digital Tax Bookkeeping System for Corporate Income Reporting
