Tag: CBS

President signs tax reform but likely rate rises to 28% from 27.5% President Lula has this week signed the tax reform laws to replace four existing and hugely complex state and federal taxes with two linked taxes which follow international standards on VAT. But the

Senate progresses three taxes to replace COFINS, PIS, IPI, ICMS and ISS indirect tax maze One of the many proposals to reform the complex Brazilian indirect tax system is set to progress this year. Senate PEC 110/2019: consolidating existing federal and state taxes into a two