Brazil to implement VAT regime

31 August 2017

Brazil is planning to consolidate its existing complex indirect taxes into a single Value Added Tax (VAT) regime.

The aim is to simplify the complex consumption tax regime currently in place, which in turn should cut the amount of administration hours that businesses in the country spend on calculating, reporting and paying their taxes.

Details of the new VAT regime and the implementation date will be available in September 2017.

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