Brazil's tax reform simplifies its system by replacing five taxes with a Dual VAT model (CBS and IBS) and introduces a Selective Tax. It aims for transparency, reduced bureaucracy, and requires businesses to update electronic tax systems by 2026. Brazil is introducing a major tax reform to simplify its complex tax system. The reform replaces five existing taxes with a new Dual VAT model. The new... Read more

Brazil's Technical Note 2026.004, version 1.01, updates the NF-e and NFC-e electronic tax systems to support alphanumeric CNPJ formats, reflecting new rules for generating taxpayer IDs. Read more

Brazil’s tax reform will implement the new federal VAT (CBS) in 2027, replacing the complex PIS and COFINS taxes. Companies must overhaul their tax systems and align pricing to reflect a temporary 0.1 percentage point reduction in CBS. IPI rates will drop to zero for most goods, excluding products from the Manaus Free Trade Zone. New compliance rules with strict penalties will also be enforced, ma... Read more

The purpose of this document is to provide a structured overview of modern payment media, including their general meaning, main categories, and practical role in commercial transactions. It explains how payment media have evolved from traditional cash-based instruments to digital, mobile, and instant payment solutions used in today’s retail and e-Commerce environments Read more

Brazil’s new CBS/IBS dual VAT rules significantly expand tax obligations for foreign suppliers and digital platforms, requiring registration, electronic fiscal-document readiness, and future split-payment compliance from August 1, 2026, with financial exposure expected from 2027. Brazil has published new implementing rules for its indirect tax reform, introducing a new dual VAT system made up of t... Read more

Brazil published Technical Note 2026.004 v1.00 to prepare NF-e and NFC-e systems for the new alphanumeric CNPJ format. The update is mainly technical but has broad system impact, requiring companies and providers to update databases, validations, APIs, XML schemas, access keys, and SEFAZ integrations before production starts on July 1, 2026. Brazil has published Technical Note 2026.004 version 1.0... Read more

Brazil published NT 2025.002-RTC version 1.36, updating NF-e and NFC-e layouts and validation rules to support the new IBS and CBS tax reform framework. The changes affect returns, partial delivery refusals, credit/debit notes, and MEI validations, with testing from July 1, 2026 and production from August 3, 2026 Brazil has published version 1.36 of NT 2025.002-RTC, introducing new layout changes... Read more