On IBS and CBS as consumption taxes
Charles W. McNaughton and Cristiane Pires McNaughtonConjur · May 21, 2026
Originally published on Conjur on May 21, 2026. Atualidades Tributárias column, ConjurRead on Conjur
In 1 minute
- Treating IBS and CBS as “consumption taxes” is not only an economic reading: it explains legal features of their regime.
- Neutrality, broad credits, refunds, the destination principle and the requirement of economic activity by the taxpayer all follow from it.
- Undue restrictions on credits or refunds burden the intermediate stages of the chain and run against the Constitution.
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