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Tax Authority Grants PIS/Cofins Credits on Inputs.

The Federal Revenue Service has changed its position and now allows companies to claim PIS and Cofins tax credits on costs related to products and services required to comply with legal obligations essential to their economic activity.The change was formalized…

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Brazilian Central Bank Establishes New Rules for Banks and Fintechs

The Central Bank of Brazil has issued new rules that directly impact banks and fintechs, aiming to improve financial system regulation, enhance operational security, and ensure greater competitive fairness between traditional institutions and new business models. The changes reinforce the Central Bank’s role as a regulatory and supervisory authority, particularly…

States Disagree on Inclusion of CBS and IBS in ICMS Tax Base

Brazilian states have begun to adopt divergent interpretations regarding the inclusion of the Contribution on Goods and Services (CBS) and the Tax on Goods and Services (IBS) in the ICMS tax base during the transitional period of the tax reform, which enters a testing phase in 2026 and runs until…

Tax Authority Grants PIS/Cofins Credits on Inputs.

The Federal Revenue Service has changed its position and now allows companies to claim PIS and Cofins tax credits on costs related to products and services required to comply with legal obligations essential to their economic activity.The change was formalized through a binding Interpretative Ruling (Solução de Consulta), which must…

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