Guidelines are intended to provide the format for the delivery of information and supporting documents about “tax benefits.”
The guidelines were issued by the CONFAZ governmental agency and were published in the official gazette on 13 March 2018. The guidelines are intended to implement statutory provisions. One provision (under law no. 160 of August 2017) allows for the Brazilian states and federal governments to agree to measures for the validation, extension, and remission of certain tax credits or incentives. The guidelines set forth how information is to be transmitted electronically (e.g., electronic files, XLS or PDF). The guidelines also designate that two computer servers must be assigned responsibility for delivery of files, a certified digital signature containing identifying numbers, and software to be developed to meet the requirements.
Read a March 2018 report (Portuguese) prepared by the KPMG member firm in Brazil
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