- On 17 December 2024, the Brazilian Chamber of Deputies approved Senate changes to PEC 45/2019
- The proposal is now ready for the President’s signature
- The new consolidated tax rate will be approximately 26.5 percent
- This rate includes a blend of CBS at 8.8 percent and IBS at 17.7 percent
Source: vatcalc.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.
