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5 results for “Dual-VAT

Brazil’s Landmark Dual-VAT Reform Begins to Reshape Business Environment
InvestingSep 17

Brazil’s Landmark Dual-VAT Reform Begins to Reshape Business Environment

Brazil is implementing a dual-Value-Added Tax (VAT) system to replace five consumption taxes, aiming to simplify one of the world's most complex tax regimes and boost long-term competitiveness.

Brazil’s Dual-VAT Testing Phase Imposes Significant Compliance Costs on Businesses
PoliticsSep 16

Brazil’s Dual-VAT Testing Phase Imposes Significant Compliance Costs on Businesses

Brazilian companies face a heavy administrative burden and increased costs as they run parallel tax systems during the 2026 testing phase of the new dual-VAT reform.

Brazil Finalizes Tax Reform’s Core Regulatory Framework, Sent for Presidential Sanction
PROInvestingSep 10

Brazil Finalizes Tax Reform’s Core Regulatory Framework, Sent for Presidential Sanction

Brazil's Chamber of Deputies passed the second regulatory bill for the consumption tax reform, establishing the Gestor Committee and setting the operational path for the new dual-VAT system.

New Brazilian Consumption Tax May Quadruple Rate for Tech Services
PRONASDAQSep 05

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.

Brazil’s Dual-VAT Reform Triggers Hard-Stop Operational Risk for Companies
PROPoliticsAug 04

Brazil’s Dual-VAT Reform Triggers Hard-Stop Operational Risk for Companies

Brazilian companies must now include test IBS/CBS on e-invoices; failure means automatic rejection, forcing immediate ERP system updates.