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59 results for “tax reform”
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 Job Growth and Political Fights Set Stage for Central Bank’s Next Rate Decision
Brazil’s unemployment hits a record low, intensifying a debate between growth and inflation as political and regulatory friction persists.
New Tax Exceptions Emerge, Immediately Testing Brazil's Landmark Tax Reform Simplification
Sector-specific tax exemptions, such as 'Redata' for data centers, are threatening to reintroduce complexity and undermine the core goals of Brazil's historic 2023 consumption tax overhaul.
Sector-Specific Tax Breaks Complicate Brazil’s VAT Reform Promise of Simplicity
Less than a year after passing its landmark tax reform, Brazil's Congress has introduced new sector-specific exemptions, notably for data centers, raising concerns that the country is retreating toward its old 'fiscal war' tax system.
Brazil's Tax System Failure Hits Small Businesses Days Before Critical Tax Reform Deadline
Widespread instability on the gov.br and Receita Federal portals on Monday threatened the September 30 deadline for small businesses to opt into new tax rules.
Presidential Candidates Threaten Brazil's Landmark Tax Reform with Revision Proposals
Leading candidates in the Brazil presidential election, including Flávio Bolsonaro, are proposing revisions to the newly implemented tax reform, raising fiscal uncertainty.
Bolsonaro Candidate Flávio Bolsonaro Pledges to Revise Landmark Brazil VAT Reform
Presidential challenger Flávio Bolsonaro proposes to lower Brazil’s new VAT rate and scrap the current fiscal rule ahead of the October election.
Brazilian Manufacturers Shift Production to Paraguay Over Tax Reform, High Interest Rates
Brazilian companies are expanding operations into Paraguay, seeking a refuge from Brazil’s high costs, tax complexity, and new levies.
Lula Tightens Grip on Betting: Crackdown on Unauthorized Sites Marks Sharp Policy Shift
Brazil’s government tightens control on online betting, forcing closure of 2,000+ unauthorized sites amid wider economic uncertainty.
Brazil’s Landmark Dual-VAT System Enters Critical Phase, Forcing Immediate Corporate Decisions
Brazil’s sweeping tax reform is moving into effect, requiring micro-companies to choose a new regime this month while large firms brace for 'Split Payment' cash flow impacts.
Brazil’s Tax Reform Forces Small Businesses to Choose a Complex ‘Hybrid Regime’
Small businesses in Brazil’s simplified tax system face an immediate deadline to opt into a new hybrid regime, risking commercial viability if they remain on the current system.
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.
Political and Judicial Scandal Raises Institutional Risk in Brazil, Diverting Focus from Key Economic Decisions
A deepening financial fraud probe involving Brazil's top political and judicial figures overshadows critical moves on rare earths, tax reform, and a volatile gambling ban.
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.
Flávio Bolsonaro Vows to Scrap All Haddad-Era Tax Hikes, Signaling Radical Fiscal Shift
Presidential candidate Flávio Bolsonaro’s economic coordinator announced a plan to revoke all revenue-raising measures implemented by Finance Minister Fernando Haddad.
Unfinished Tax Reform Leaves Brazil's Industrial Giants Uncertain on 2027 Planning
Brazilian companies face significant regulatory uncertainty for 2027 investment planning due to undefined rates for the new Selective Tax and concerns over the "split payment" mechanism.
Brazil Enacts R$5.2 Billion Tax Break to Attract AI and Cloud Data Centers
New 'REDATA' law suspends federal taxes on imported IT equipment to spur digital infrastructure and reduce the 'Brazil cost.'
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.
Lula’s Election Push Drives R$10 Billion Fuel Subsidy as Banking Scandal Engulfs Brazil’s Justice System
Brazil’s election countdown is marked by a multi-billion-real fuel subsidy, a deepening Supreme Court crisis, and a tax deadline for small firms.
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.
Brazil Federal Revenue Launches Official Guide to Combat Tax Reform ‘Fake News’
Brazil’s Federal Revenue Service launched a new online portal to guide taxpayers through the complex new consumption tax system and counter misinformation.
Brazil’s Dual VAT Reform Kicks Off Operational Test Phase, Forcing All Companies to Adapt Systems in 2026
Brazilian companies must begin implementing system changes for the new dual VAT (CBS/IBS) in 2026, marking the start of a lengthy, mandatory operational transition for the landmark tax reform.
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 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 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’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.
Broad Coalition Warns Presidential Candidates Against Undermining Brazil’s Dual IVA Tax Reform
A manifesto signed by 98 prominent Brazilian figures, including top economists and businessmen, has warned 2026 presidential candidates against revoking the new Dual IVA tax, citing fears of massive legal uncertainty.
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).