Brazil Tax Reform Timeline: Tech Sector Faces 2026 Invoice Shock

Brazil · Economy Key Facts —Effective collection date. New CBS and IBS taxes begin collection on January 1, 2027, replacing PIS/Cofins and ICMS/ISS. —Invoice rejection trigger. From August 3, 2026, electronic invoices lacking CBS/IBS fields will be automatically rejected by tax authorities. —Testing delay. Remote, manual testing of the new tax system began only on…