Global changes in VAT: Reform in Brazil, EU, and Mexico key trends

Host: Barbara Bona, principal, Deloitte Tax LLP

Presenters: Guilherme Giglio, partner, Deloitte Brazil
                      Vinny McCullagh, partner, Deloitte Ireland
                      Manuel Muniz, partner, Deloitte Mexico
                      Carolina Verginelli, partner, Deloitte Brazil

1.0 Overview CPE credit | Taxes

Value-added tax (VAT) rules are undergoing major changes globally with new regulations and digitalization of invoices and reports. US multinationals need to plan for their impact. We’ll discuss:

• Brazilian indirect tax reform: Split payment, new tax burden, impacts in the ERPs, digital platforms, and VAT registration for non-residents
• VAT in the Digital Age (ViDA): New developments and deadlines for three pillars of ViDA in the European Union (i.e., digital reporting requirements, single VAT registration, platform economy)
• Key VAT trends in Mexico: E-invoice, pre-filled returns, deep surveillance program