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2 results for “tax credits

Brazil Tax Reform’s New Consumption Tax Creates Tax Burden Risk for Software Sector
PRONASDAQ3h 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.

Brazil Supreme Court Upholds Key ICMS Tax Credits for Fuel Distributors
PoliticsSep 14

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.