TradeNotableSingle-sourceDeveloping
5.4
Brazil Tax Reform Extends IBS/CBS to Leases, Commercial Contracts Under Review
Valor Econômico·BR·3 days ago
Brazil's consumption tax reform clarifies that international cargo transportation is exempt from the new IBS and CBS taxes, with documentary proof required starting in 2027. The September 2026 opt-in window for Simples Nacional marks a procedural shift, moving the deadline to September of the prior year. This affects compliance for micro and small businesses engaged in cross-border logistics.