Brazil Shoppers Face 11.3% Sales Tax in 2027

UOL

Lean Left

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CBS's 11.3% rate surpasses projections and lights up market alert

Globo

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The Court of Auditors of the Union (TCU) defined by 11.3% the reference rate of the Contribution on Goods and Services (CBS), one of the new taxes created by the tax reform that comes into force in 2027. The announcement was made on Wednesday (28), in extraordinary session. The process is reported by the president of the TCU, Minister Vital do Rêgo. The TCU also indicated a reduction of 44.2% for direct public administration purchases, authoriti…

Revista Oeste

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Percentage of the Contribution on Goods and Services (CBS) exceeds previous estimates from the Lula government; see details

Forbes Brasil

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Forbes, the world's most well-conceived business and economic magazine. Separately, the Selective Tax will be created, to be collected on goods and services related to health or the environment The post TCU approves a 11.3% rate for the CBS of the Tax Reform, Above the Government's Forecast apareceu primeiro em Forbes Brasil.

moneytimes.com.br

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The Court of Auditors of the Union (TCU) approved on Wednesday an aliquot of 11.3% for the Social Contribution on Goods and Services (CBS), which will come into force in 2027 with the entry into force of the tax reform on consumption. The value is higher than previously estimated by the government. The approval, made after sending [...]