- Brazil’s Federal Revenue Office issued FAQs on revised deadlines under Resolution No. 194 for certain entities to elect the simplified or standard tax regime for 2027.
- Qualifying entities may apply for the simplified tax regime from Sept. 1, 2026, through Oct. 15, 2026; approved applications take effect Jan. 1, 2027.
- The Oct. 30 deadline to regularize outstanding tax debts applies regardless of when a rejection notice is received.
- Entities already under the simplified tax regime may elect the standard regime between Sept. 1 and Oct. 30.
Source: news.bloombergtax.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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