{"country":"BR","series":"vat","value":null,"unit":"percent","components":[{"name":"CBS (Contribuição sobre Bens e Serviços, federal) — 2026 test-year rate","rate":0.9,"note":"LC 214/2025, Art. 346. Shown on invoices in 2026 but effectively not collected — offsetable against PIS/COFINS, so no net tax increase in the test year."},{"name":"IBS (Imposto sobre Bens e Serviços, state/municipal) — 2026 test-year rate","rate":0.1,"note":"LC 214/2025, Art. 343 (0.1% state share for fatos geradores 1 Jan–31 Dec 2026)."}],"effective_from":"2026-01-01","last_confirmed":"2026-07-15","source":{"name":"Lei Complementar nº 214, de 16 de janeiro de 2025 (regulamenta a Reforma Tributária / EC 132/2023) — Arts. 343 e 346 — Planalto","url":"https://www.planalto.gov.br/ccivil_03/leis/lcp/lcp214.htm"},"notes":"Served as null on purpose: there is no single 'Brazil VAT rate.' In 2026 the legacy fragmented taxes remain fully in force — ICMS (state, standard ~17-20%, e.g. São Paulo 18%), ISS (municipal, 2%-5%), IPI (federal, product-specific), and PIS/COFINS (federal, non-cumulative combined 9.25% or cumulative 3.65%). EC 132/2023 (Reforma Tributária) creates a dual VAT: CBS (federal, replacing PIS/COFINS and IPI) and IBS (state+municipal, replacing ICMS and ISS), regulated by LC 214/2025. 2026 is a legally-defined 'período de teste' (test year): the only officially-set new-tax rates are CBS 0.9% (Art. 346) and IBS 0.1% (Art. 343), which taxpayers must show on fiscal documents but are dispensed from actually paying (amounts paid offset PIS/COFINS). Phase-in runs 2027-2033, with ICMS/ISS fully extinguished by 2033. The widely-cited combined reference rate of roughly 26.5% (CBS ~8.8% + IBS ~17.7%) is a government/Ministry of Finance projection, NOT a rate fixed in law for 2026 — so it is not published here as a current value. The definitive CBS reference rate begins to be set from 2027 (LC 214/2025, Arts. 353-359).","confidence":"primary","stale":false,"disclaimer":"Independent service, not affiliated with any government. Verify against the cited official source before legal or financial use."}