![]() ![]() ![]() In addition to the digitization of invoices, Profisco I also supported the adoption of digitized corporate accounting books. The process began in 2008, with financing and technical advice from the IDB through the Brazilian Tax Revenue Management and Integration Support Program (Profisco I). With updated federal legislation, political support from the states, and assistance from the Inter-American Development Bank (IDB), the digitization of the Brazilian tax system has allowed governments to manage their fiscal policies more transparently and effectively. The solution was to improve the efficiency of the tax system by migrating from an essentially analog model to a digital one. The digital transformation of tax management in Brazil from el BID - the IDB on Vimeo.īrazil's decision to invest in the digitization of its billing system arose from the need to expand collection to pay for and improve public services such as health and education without creating new taxes. The data helps authorities monitor tax payments and compliance, in addition to feeding the database of the application that Audibert uses to save on purchases. This means that when a company issues an invoice for the final consumer or for another company, the information is also sent electronically to the finance ministries of each state and the federal government. Like this hairdresser from the southern city of Bento Gonçalves, two million people have benefited from a profound transformation that has taken place in Brazil in the last 12 years: the digitization of invoices. It’s a great help in these times when we all need to save,” says Audibert, one of the more than 100,000 users of the application. It also gives information on the prices of products in the supermarket and is updated every day. He first consults the Melhor Preço (Best Price) application on his cell phone to find the best-priced fuel in the area. When Rafael Audibert, a hairdresser from the Brazilian state of Rio Grande do Sul, needs to refuel, he no longer goes to the nearest gas station. ![]()
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