OrbitaxOrbitax

Brazil to Amend the Municipal Services Tax including an Increase in the Minimum Rate

|Proposed Changes|Brazil
Brazil

According to recent reports, the Brazilian Senate approved amendments to the municipal services tax (ISS) on 14 December 2016. The amendments include an increase in the minimum ISS rate to 2% and the introduction of rules disallowing municipalities from granting exemptions, reductions, or other benefits with regard to the levy of ISS.

The amendments must be approved by the president before entering into force.

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.