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6 results for “ICMS”
Brazil’s STF Curbs ‘Fiscal War’ Tactics by Striking Down Minas Gerais Tax Breaks Based on Product Origin
The Supreme Federal Court ruled against state-level ICMS tax benefits in Minas Gerais for dairy and meat, reinforcing national tax harmonization efforts.
Brazil’s Landmark Dual VAT Reform Begins Seven-Year Transition to Simplify Taxation
The long-awaited structural shift in Brazil's tax system began in 2026 with a dual-VAT test phase, replacing five complex consumption taxes over seven years.
Brazil’s Landmark VAT Reform Enters Mandatory Test Phase, Demanding Immediate Operational Overhaul for Companies
Foreign and domestic companies in Brazil face a critical compliance deadline as the country's dual VAT system (CBS and IBS) is now in a mandatory test period.
Brazil Supreme Court Upholds Key ICMS Tax Credits for Fuel Distributors
Brazil's Supreme Federal Court ruled that fuel distributors can keep state VAT tax credits on internal purchases, settling a major fiscal dispute.
Fiscal Clash in São Paulo Governor’s Race Pits Federal Finance Chief Against Pro-Bolsonaro Incumbent
The election for São Paulo governor—Brazil’s economic engine—is a proxy war over economic ideology with national stakes.
Brazil Supreme Court to Rule on Corporate Tax Incentive Case With Billions at Stake
The STF will decide if state ICMS tax incentives can be taxed by the federal government, impacting corporate Brazil.