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18 results for “IBS CBS”
Brazil’s Tax Reform Forces Small Businesses to Make High-Stakes Dual VAT Choice
Companies in Brazil's Simples Nacional regime have until the end of September 2026 to choose their model for the new dual VAT (IBS/CBS), a critical decision for their B2B competitiveness.
Brazil's Small Businesses Face Critical VAT Choice to Avoid Supply Chain Exclusion
Micro and small firms in Brazil's Simples Nacional regime have until September 30 to choose a VAT model that determines their competitiveness under the new consumption tax.
Brazil’s Tax Overhaul Forces Small Businesses to Decide on Cash Flow-Squeezing ‘Split Payment’ by Month’s End
Brazilian micro and small businesses face a critical September 30 deadline to choose their tax regime for 2027, with a new VAT system's 'split payment' threatening to eliminate a key source of working capital.
Brazil’s Micro and Small Businesses Face Strategic Tax Deadline in Consumption Reform
Thousands of companies in Brazil's Simples Nacional tax regime must choose their structure for the new IBS and CBS consumption taxes by September 30, 2026.
New Brazil Tax Provision De-Risks Long-Term Infrastructure Contracts for Foreign Investors
Brazil's historic tax reform includes a key provision to protect investors in long-term administrative contracts from future tax changes, boosting certainty for infrastructure and private equity funds, even as a new dividend tax takes effect.
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’s VAT Transition Plagued by Compliance Delays, Increasing Implementation Risk for Foreign Companies
Technical and administrative adjustments to Brazil's new VAT system are causing compliance delays, with a key electronic invoicing deadline postponed to December.
Brazil’s Tax Reform Goals Undermined by New Carve-Outs and Early Court Challenges
Brazil's landmark Value-Added Tax reform, intended to simplify corporate tax, faces immediate complexity from new Complementary Laws and exceptions created by the Supreme Federal Court (STF).
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.
Brazilian Business Leaders Demand Candidates Guarantee Continuity of Landmark Tax Reform
A group of nearly 100 top executives and economists warned presidential hopefuls against disrupting the new VAT implementation.
Brazil’s Tax Overhaul Enters ‘Test Year,’ Cutting Legal Risk for Foreign Investment
Brazil’s new Dual Value Added Tax (VAT) system begins its critical 2026 test phase, promising to simplify a tax code once ranked among the world’s worst.
Brazil Election to Finalize Uncertain Tax Reform, Leaving Companies in Fiscal Limbo
The October 2026 Brazil election will decide who controls the complex and uncertain transition phase of the country's landmark tax reform.
Brazil Tax Reform to Hike Domestic Airfares by 16%, Lobby Warns
A study by ALTA warns that Brazil's new CBS and IBS tax system could slash domestic flight demand by 21% as airlines pass higher costs to consumers.
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 Tax Reform Faces Implementation Crisis as Final Rate Remains Unknown
The historic reform to create a unified value-added tax (IVA) in Brazil is generating massive uncertainty as the final combined rate remains subject to political debate.
Brazil’s Dual VAT System Faces Judicial Backlash Over Record-High 28% Rate
Brazil’s landmark tax reform, featuring a 28% estimated dual VAT rate, is immediately threatened by political exemptions and legal challenges at the Supreme Court.
New Tax Rules Threaten Core Economics of Brazil’s $60 Billion Real Estate Fund Market
Brazil's new consumption tax (IBS/CBS) and regulatory changes are putting pressure on the Real Estate Fund (FII) market's core tax benefits.
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.