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Brazil Implements New VAT Rate of 26.5% in Major Tax Reform Effort

  • Tungsten has been monitoring Brazil’s tax reforms
  • Brazil is introducing a new VAT rate
  • Lower House of Parliament approved a consolidated tax rate of 26.5%
  • The new VAT system replaces former state and federal taxes
  • Brazil aims to simplify its complex tax regime

Source: tungstenautomation.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.

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