Updates on e-invoicing changes due to tax reform

The Brazilian government presented to Congress regulations to introduce the new dual value added tax (VAT) regime under the tax reform bill. Changes in compliance will surround the way electronic invoices and digital compliance are issued, with additional sets of data pertained to the new dual VAT regime corollary of the tax reform, which will replace the existing multi-jurisdiction level system. The government has published changes to the electronic invoices for goods, services, and final consumers, including new fields for the contribution on goods and services, the tax on goods and services, and the new selective tax.

Source KPMG