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Brazil court excludes IBS/CBS from ICMS base; fiscal impact uncertain
Valor Econômico·BR·3 days ago
Industry executives and specialists gathered in Rio de Janeiro to discuss the effects of Brazil's tax reform (CBS and IBS) on the electric sector, focusing on contracts, investments, and planning. The event highlights ongoing uncertainty over how new taxes will affect the sector's economics. This is a routine industry discussion, not a market-moving development.
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