Audio Blog: Brazil E-Invoicing: New Rules on NF-e Invoices

Sovos

April 20, 2021

This blog was last updated on September 2, 2021

Brazil E-Invoicing: New rules on NF-e invoices

Although Brazil is known for its complex tax laws that make compliance a difficult task in the country, it is undeniable that the Continuous Transaction Control (CTC) system implemented more than a decade ago is one of the most stable in the world.

However, even a sophisticated CTC system continues to evolve and mature, and as a result legal changes and technical updates happen quite often in Brazil. In December 2020 the Brazilian tax authorities changed the premise for cancellation and correction of NF-es and buyer’s responses.

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Sovos

Sovos is a global provider of tax, compliance and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence. Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape. Sovos’ cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes. More than 100,000 customers in 100+ countries – including half the Fortune 500 – trust Sovos for their compliance needs. Sovos annually processes more than three billion transactions across 19,000 global tax jurisdictions. Bolstered by a robust partner program more than 400 strong, Sovos brings to bear an unrivaled global network for companies across industries and geographies. Founded in 1979, Sovos has operations across the Americas and Europe, and is owned by Hg and TA Associates.

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