The Brazilian tax authority (Receita Federal do Brasil—RFB) on 6 April 2022 published guidance (ordinance RFB nº 163) providing for activities related to the monitoring and review of certifications granted under the Brazilian “Authorized Economic Operator program” (Programa Brasileiro de Operador Econômico Autorizado).
The purposes of monitoring authorized economic operator companies are to:
- Verify that authorized economic operator companies are committed to the objectives, principles, requirements and criteria of the program
- Promote initiatives aimed at strengthening the security of the international supply chain
- Encourage voluntary compliance with tax and customs legislation, through preventive actions and incentives for self-regulation
Source KPMG
Latest Posts in "Brazil"
- Brazil VAT Reform: Challenges in CBS Rate Expectations and Split-Payment Implementation
- Judge Grants Agribusiness PIS/COFINS Credit Under LC 224/2025
- STJ Rules Escrow Account Withdrawals Exempt from PIS/COFINS Base
- Brazil Aligns Simples Nacional with the New CBS and IBS VAT System
- Brazil E-Invoice Update: IE Now Optional in New VAT Scenarios
