Complementary Law 157/2016 modifies the Complementary Law 116/2003 and starts new rules for the tax on services and issued in the Official Gazette on 30 December 2016. As stated by the law fundamental changes are- the minimum tax rate increase from 0% to 2% and the inclusion of new services in the list of services subject to ISS (Imposto sobre Serviços – ISS).
Isle of Man releases an industry advisory notice
Related Posts

Brazil submits ratification of treaty law convention for states, international organisations
Brazil deposited its instrument of ratification for the 1986 Vienna Convention on the Law of Treaties between States
Read More
Brazil: RFB updates CSLL rules with new substance-based tax incentive simplification
The Brazilian Federal Revenue Service (RFB) announced, on 1 October 2026, the publication of Normative Instruction RFB
Read More
Brazil amends Pillar Two QDMTT rules to introduce substance-based tax incentive safe harbour
Brazil has published Normative Instruction RFB No. 2.342 of 15 September 2026 in the Official Gazette on 18 September
Read More
Brazil: Senate approves bill to cut CSLL for local reinsurers
Brazil’s Senate has approved Bill 3.540/2026 and forwarded it to the Executive Branch for sanction or veto on 3
Read More
Brazil expands fuel subsidies, cuts gasoline and ethanol taxes
Brazil's government announced fresh fuel relief measures on 9 September 2026, expanding diesel subsidies and cutting
Read More
Brazil revises tax code with alternative dispute resolution framework, new penalty caps
Brazil has published Complementary Law No. 236 of 4 September 2026, amending the National Tax Code (Law No. 5.172 of
Read More