Brazilian federal tax revenue is the total tax received by the federal government. In November 2020, the federal government collected revenues of BRL 140 billion, a decrease of 9.0 percent over the previous month. It represents an increase of 11.9 Read more…
Brazilian federal tax revenue is the total tax received by the federal government. In October 2020, the federal government collected revenues of BRL 154 billion, an increase of 28.5 percent over the previous month. It represents an increase of 13.9 Read more…
ACCA and University of London Gain your ACCA (Association of Chartered Certified Accountants) professional accountancy qualification and a University of London master’s degree at the same time. Recognised all over the world, these qualifications prepare you for senior roles and Read more…
International Accounting Standard 16 (IAS 16) defines depreciation as the systematic allocation of the depreciable amount of an asset over its useful life. Depreciable amount is the cost of an asset, or other amount substituted for cost, less its residual value. Before Read more…
CND, short for Certidões Negativas de Débitos in Portuguese, is a tax clearance certificate issued by tax authorities — federal, state, or municipal — which states that your company has settled all its debt. It verifies that an entity had paid all its Read more…
A business entity is the vehicle a person or group of people use to carry on a trade or activity, it is one of the most important decisions to make when starting a business. To get the most out of your Read more…
In Brazil there are several regulatory agencies that have authority over an industry or profession in addition to the general government regulation. The goal of these agencies is to regulate and supervise a specific industry in Brazil. There are federal agencies, state Read more…
Accounting Organizations CPC CPC, short for Comitê de Pronunciamentos Contábeis in Portuguese, is the local organization that promotes the application of the International Financial Reporting Standards (IFRS) in Brazil. The CPC approves standards that are identical to IFRS Standards as issued by Read more…
Becoming a CPA is a path many Brazilian students choose. It takes years of education, but it is absolutely a rewarding experience. Only CPAs can sign Financial Statements and some tax reports in Brazil. This article will guide you on Read more…
Tax principles are fundamental concepts that help and guide governments to design and implement laws. They also protect the taxpayers. The tax Principles in Brazil are addressed in the Brazilian Constitution and the Tax Code in articles 145, 150 and Read more…