The updated guideline requires taxpayers to include IBS, CBS, and IS amounts in the total value reported on fiscal documents.

Brazil has published new guidelines on the reporting of indirect taxes for the 2026 fiscal year, titled, Practical Guide for EFD-ICMS/IPI (Version 3.2.0) on 30 September 2025.

This new guideline outlines various updates for taxpayers. One significant change is the requirement to include the IBS (Tax on Goods and Services), CBS (Contribution on Goods and Services), and IS (Selective Tax) in the total value of fiscal documents.

Key updates include:

  • Field 04 of Record D700: New instructions clarify how to correctly report information, ensuring greater accuracy.
  • Chapter I, Section 10: Expanded content addresses the Tax Reform on Consumption, emphasising the need for businesses to align with the upcoming model.
  • K230 Registry: Detailed guidance on reporting manufactured items, effective from early 2026.

The new rules increase compliance challenges, as they differ from prior federal guidance, requiring taxpayers to adjust accordingly.