Brazilian Federal Revenue Service Aligns Fintechs with Financial Institutions for Tax Reporting
On August 28, 2025, the Brazilian Federal Revenue Service (RFB) issued Tax Directive No. 2,278, marking a significant regulatory convergence in the digital finance sector. The rule effectively mandates that fintechs and payment institutions are treated as financial institutions for purposes of information reporting, specifically via the e-Financeira electronic system. This measure brings entities operating […]