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NFCom: New mandatory tax requirement in Brazil

  • SINIEF Adjustment No. 49 modifies Clause 3 of SINIEF Adjustment No. 7, stating that ICMS taxpayers must use the NFCom starting from April 1, 2025.
  • Electronic invoicing is becoming the norm globally, with more tax administrations adopting it to combat tax evasion.
  • Brazil is also embracing innovation with the new Electronic Communication Services Invoice – NFCom, model 62, to simplify the process of issuing invoices for Communication and Telecommunications services.
  • The NFCom will have attributes similar to the NF-e, and companies in the Communication and Telecommunications sectors will benefit from this technological leap.
  • The NFCom is scheduled to come into effect nationwide on April 1, 2025, with testing and production starting in 2023.

Source Edicom


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