- Complementary Law Project No. 157 2025 submitted to Chamber of Deputies
- Initiates legislative process for new Digital Social Contribution
- Proposes 7 percent levy on gross revenue of major digital platforms
- Targets global tech giants like Google Meta and X
- Applies to companies with annual global revenue above BRL 500 million
- Forbids transfer of cost to Brazilian users
Source: vatcalc.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"
- Brazil Launches DF-e Testing for New VAT Split Payments Mechanism Starting April 2026
- Brazil’s Split Payment Tax Reform: Key Technical Notes and Business Implications for 2026 Implementation
- Brazil Publishes Supplementary Law No. 227/2026, Advancing Tax Reform and Establishing IBS Management Committee
- Brazil tax reform: Implementation phase goes live
- Brazil Enacts Law Creating IBS Management Committee, Launching Centralized Tax System Under 2026 Reform
