PRO articleNASDAQ

New Brazilian Consumption Tax May Quadruple Rate for Tech Services

Brazil’s tax reform, replacing five taxes with a new dual-VAT model (CBS/IBS), will substantially increase the tax rate on technology and software services.

By Marcus Wright

Published
New Brazilian Consumption Tax May Quadruple Rate for Tech Services
Illustration — BRZ.news

Brazil’s tax reform, replacing five taxes with a new dual-VAT model (CBS/IBS), will substantially increase the tax rate on technology and software services.

Loading subscriber access…