Brazil’s Bold Tax Reform: A New Era for International Investment and Business Efficiency
Brazil has embarked on a transformative journey with the recent enactment of Constitutional Amendment No. 132/2023, reshaping its long-standing, convoluted consumption tax system. This landmark reform introduces a unified and modernized framework that promises to simplify taxation, enhance business competitiveness, and attract foreign investment. Central to this overhaul is the establishment of a dual Value...