Brazil operates one of the most complex indirect tax regimes in the world. It has numerous levies, at federal, state and municipal levels. Many overlap, and lead to compounding taxes and act as a muff...Continued
The Brazilian government and Ministry of Economy has announced the General Attorney of Finance (PGFN) will suspend until the start of July existing measures against taxpayers for non-compliance on ind...Continued
Brazil has launched a proposal to implement VAT at 12% on goods and services. This would replace the complex PIS and CONFINS federal taxes The new tax, CBS, will be simpler and easier for businesses t...Continued
The Brazil Senate is proposing imposing a new COFINS levy on providers of digital services to local consumers. COFINS - the federal tax contribution to the Social Security Financing paid on company re...Continued
The Brazilian federal supreme court has confirmed e-books are exempt from ICMS tax.
The ruling at the end of April confirmed electronic books and supply of readers for importation and sale were exemp...Continued
Brazil is setting up a tax reform commission to review and consolidate a number of VAT implementation bills passing through the legislator at present. The agreement by leaders of the both houses of th...Continued
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