EBANX invites: Tax Reform in Brazil 2024

December 11th, 2024

9 AM UTC | 2:30 PM IST | 5 PM CST | 5 PM SST | 6 PM KST | 6 PM JST | 8 PM AEDT

Online, webinar format 

In English

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About the Tax Reform

Set to go into force by 2026, the Tax Reform in Brazil proposes the replacement of the current 5 taxes on Goods and Services (IPI, PIS, and Cofins, from the Federal government, and ICMS and ISS, from states and municipalities) with 2 types of IVAs/VATs (Value Added Tax - VAT): one Federal, named CBS, directed to the federal government, and another one provincial, named IBS, directed to states and municipalities.


In this webinar, our guest speaker, Luiz Roberto Peroba, a Tax partner at Pinheiro Neto Advogados, will discuss in depth the main implications of the Brazilian IVA/VAT for cross-border digital commerce players operating in Brazil and how the collection and split will be made.

What will be discussed in the webinar:

How will the Tax Reform change for cross-border digital commerce merchants operating in Brazil?

Specifics on flow for each digital vertical, considering online retail, online B2B commerce, games, streaming, SaaS, and travel & hospitality.

How will the Tax collection and split payment work? What will be the impact on the payment services providers and platforms?

What is the specific flow for cross-border marketplaces with sellers located in Brazil, considering purchases made in one state, and delivered in the other?

Development needed from merchants to adapt to the new flows for the Tax Reform.

What will be the rate for the new IVA? And if it will change for specific sectors of cross-border digital commerce.

What does it mean for the purchasing power of Brazilians, and for the macroeconomic landscape in the country?

About the speaker

Luiz Roberto Peroba is an experienced Tax Partner with a demonstrated history of working in the law practice industry. Skilled in international and domestic Tax Law (direct and indirect taxes), tech industry taxation and strong practice in administrative and judicial Tax Litigation. Former President of the Tax Controversy Committee at São Paulo BAR Association and a current member of the Tax Committee of the National Bar Association. He assisted the Federal Deputy Sandro Mabel in the Tax Reform Bill sent to Congress in 2008 and has also participated in the academic group at FGV/SP, where the current Tax Reform was created. He is a tax partner at Pinheiro Neto Advogados, a Brazilian law firm founded in 1942, and he has experience in more than 40 areas of business law.

More information on IVA/VAT and the Tax Reform in Brazil

IVA/VAT is the most widely adopted consumption tax model in the world. Today, over 170 countries already use the system, including the majority of the Organization for Economic Cooperation and Development (OECD) members. Currently, the country with the lowest IVA rate is Andorra, at around 4.5%, and the highest is Hungary, at 27%. The IVA proposed for Brazil is around 28%. The proposed model for the Brazilian tax reform is currently adopted by Canada.

Get the webinar link here

Invitation for APAC merchants only

If you are already registered for the event, visit this page on December 11th, 2024, to access the link to the Tax Reform webinar.

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