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Brazil's new investment map is changing with the arrival of the Reforma Tributária, affecting the way investors earn and pay taxes. Here's what you need to know to prepare your portfolio.
The Comitê Gestor do Simples Nacional has approved changes to the tax calculation method, aligning it with the Reforma Tributária do Consumo. The new rule will abolish the cash-based regime for tax calculation, requiring businesses to calculate taxes based on the moment of sale, rather than the actual receipt of payment.
Brazil's central bank is implementing new security measures to combat fraud and improve the recovery of values in cases of suspicious transactions.
A new resolution from the Comitê Gestor do Simples Nacional has reduced fines for small businesses in Brazil, providing a significant financial relief for micro and small enterprises.
A new Brazilian law will automate monthly child support payments directly from the debtor's bank account to the beneficiary's account, with immediate account blocking for non-payment. The change aims to reduce bureaucracy and increase reliability for families dependent on these funds.
The PIS/Pasep benefit for workers born in November and December and public servants with final registration numbers 8 and 9 has been released by the Caixa Econômica Federal and Banco do Brasil.