- Brazil’s tax authorities have updated the layout for monthly returns for ICMS
- Changes include modifications to validation rules, new fields, and updates to mandatory fields
- Taxpayers must record and report fiscal information for all transactions in a digital file
- The file must be submitted to the specified programme by state and federal tax authorities
- Taxpayers can resubmit a file to replace a previously transmitted file within specified rules and deadlines
- Main changes are related to electronic invoices for electricity, transportation services, ICMS adjustments, and telecommunications services.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
