Brazil’s GST Management Committee has extended the deadline to join the RTC-IBS Pilot Program in Rio Grande do Sul to 15 February 2026, giving selected companies more time to complete the required formalities. All eligibility criteria and program conditions remain unchanged, with only the enrollment deadline revised. The Goods and Services Tax (GST) Management Committee has extended the deadline t... Read more

From 1 April 2026, Brazilian states continue diverging ICMS reforms, with São Paulo abolishing ICMS tax substitution for perfumery, cosmetics, and personal hygiene products and shifting them to the normal VAT regime, while Alagoas raises its general ICMS rate from 19% to 20.5% and restructures tax benefits. These changes require businesses to update ERP and tax systems, manage inventory and credit... Read more

Brazil’s Complementary Law No. 227/2026, published on 13 January 2026, formally establishes the IBS Management Committee (CGIBS), turning the new IBS from a constitutional concept into an operational tax with centralized rules for administration, audits, disputes, and revenue sharing. While it introduces no immediate taxpayer obligations, the law confirms a single national IBS administration that... Read more

Brazil operates a nationwide software-based fiscalization system as of January 1, 2026, requiring the issuance of electronic fiscal documents (NFC-e or NF-e) for sales to end consumers, including e-commerce transactions, under a centralized legal framework governed mainly by SINIEF adjustments and ICMS rules. Read more

Brazil introduced a four-month penalty-free transition and a 2026 testing year for its new IBS/CBS VAT, during which companies must report the new tax fields on e-invoices but no tax will yet be collected. The resolution also confirms which electronic invoice types will be used and which authorities manage service invoices and small-business regimes as Brazil prepares for full VAT rollout. Brazil&... Read more

Brazil’s PLP 108/2024 puts its new dual VAT system into operation, introducing a federal CBS (8.8%) and a state-municipal IBS (17.7%) to replace PIS, COFINS, ICMS and ISS between 2026 and 2033, alongside a new Selective Tax on products like alcohol and tobacco. The law creates a national IBS authority, sets detailed technical and sector rules, and provides transition, anti-evasion and social measu... Read more

Brazil is introducing a split payment VAT system under which VAT is automatically withheld at the time of electronic payment and transferred directly to tax authorities, aiming to reduce fraud, delays, and cash-flow manipulation. Built on Brazil’s advanced e-invoicing and banking infrastructure, the reform enables real-time VAT settlement and crediting only after payment, potentially setting a glo... Read more