5 Major Developments in Brazil

5 Major Developments

• Plastics and Packaging Laws in Brazil
• Brazil Establishes Maximum State VAT (ICMS) on Fuel, Electricity, Communications, and Public Transport
• Brazil Normative Instruction on the Valuation of Imported Goods Including Transfer Pricing References
• Brazil sets stage for VAT reform
• Brazil Announces New E-Invoicing Requirements

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Environment Tax

• Plastics and Packaging Laws in Brazil

Fuel Prices

• Brazilian tax measures tackle inflationary effects on fuel prices

• Brazil caps ICMS on fuel, electricity and public transport on inflation worries

• Brazil Establishes Maximum State VAT (ICMS) on Fuel, Electricity, Communications, and Public Transport

Customs

• Brazil Normative Instruction on the Valuation of Imported Goods Including Transfer Pricing References

• Brazilian tax authority may use information from transfer pricing study in customs valuations

VAT Reform

• Brazil sets stage for VAT reform

E-Invoicing

• Brazil Nota Fiscal Eletrônica NF- e-invoicing update

• Brazil Announces New E-Invoicing Requirements

• Brazil Tax Agency Releases Updated Version of Electronic Bookkeeping Platform for ICMS, IPI