Tag: IBS

Phased introduction of 28% CBS and IBS taxes pilot starts Between 2026-33 Brazil will phase a switch from PIS, Cofins, ICMS and ISS indirect taxes to the new federal CBS and state IBS VAT replacements.  Ahead of this, the Federal Revenue will work over 400

Senate progresses three taxes to replace COFINS, PIS, IPI, ICMS and ISS indirect tax maze One of the many proposals to reform the complex Brazilian indirect tax system is set to progress this year. Senate PEC 110/2019: consolidating existing federal and state taxes into a two