
CBS and IBS – Tax Reform in Brazil
By Edmo Colnaghi Neves (PhD), Murray Advogados, Brazil Last week, on April 29, 2026, Federal Decree No. 12,955 was published, regulating the new taxes created by the tax reform: the CBS (Contribution on Goods and Services) and the IBS (Tax on Goods and Services), among other provisions. The decree consists of 620 (six hundred and