Brazil Tax Agency Issues Updated FAQs on Electronic Bookkeeping Platform for ICMS, IPI

Aug. 4, 2025, 5:00 AM UTC

The Brazilian Federal Revenue Office July 30 issued updated FAQs on the digital accounting bookkeeping (EFD) system for state goods and services tax (ICMS) and industrialized products tax (IPI). The update includes the requirement to record the contribution on goods and services (CBS), tax on goods and services (IBS), and selective tax (IS) in the EFD ICMS/IPI. [Brazil, Federal Revenue Office of Brazil, 07/30/25]

Reference:
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