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2 results for “software tax”
PRONASDAQ• 3h ago
Brazil Tax Reform’s New Consumption Tax Creates Tax Burden Risk for Software Sector
The shift to a dual-VAT system (IBS/CBS) in Brazil’s tax reform is set to disproportionately affect software and services companies whose main cost, payroll, generates few tax credits.
PRONASDAQ• Sep 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.