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Brazil to propose optional delay in federal consumption tax payments during 2027 transition

Summary by WTVB
BRASILIA, Nov 11 (Reuters) - Brazil's government will send Congress a bill allowing taxpayers to postpone final payment of the federal portion of a new consumption tax set to take effect in January, ​Robinson Barreirinhas, the tax revenue chief, said o...

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Brazil to propose optional delay in federal consumption tax payments during 2027 transition

·London, United Kingdom
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The Secretary of the Federal Revenue, Robinson Barreirinhas, informed this Wednesday (11) that, without the benefits granted by the National Congress to products and sectors of society, the estimated rate of the future consumption tax of the federal government would fall to 8.5% by 2027. He recalled that the rate of the Contribution on Goods and Services (CBS), federal tax, was proposed at 11.3% next year, by the Court of Auditors of the Union (…

·Rio de Janeiro, Brazil
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The Federal Revenue wants to give one more month for companies to adapt to the collection of the Contribution on Goods and Services (CBS), a new federal tax on tax reform. The secretary of the organ, Robinson Barreirinhas, announced on Wednesday, 11, that the government will propose to Congress the postponement of the first January tax collection to...

·São Paulo, Brazil
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The federal government will forward to the National Congress a proposal to create a transitional rule in the collection of the Contribution on Goods and Services (CBS), a new federal tax on tax reform. The measure will allow companies to make an estimate of the tax in the first months of the system and make adjustments afterwards, reducing [...] The post government will present text that facilitates adaptation to tax reform appeared first in Cou…

The federal government intends to propose to the National Congress the postponement of a month at the beginning of the definitive collection of CBS (Contribution on Goods and Services), new tax created by tax reform. The proposal was announced on Wednesday (11) by the special secretary of the Federal Revenue, Robinson Barreirinhas. By the current schedule, CBS begins to apply [...]

A company that makes sales in January will be able to make an estimated payment from CBS in February and complete the agreement in March

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Lexington Herald Leader broke the news in Lexington, United States on Wednesday, November 11, 2026.
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