1、Orlando,FLOctober 69IBM TechXchange 2025Session code(1541)Adriana Furnielis(Drip)Adriana Furnielis(Drip)IBM,Principal Technical Specialist Storage Expert LabsGabriel CoelhoGabriel CoelhoPSA Solution IT,CTOBreaking the Billion-object barrier How IBM Storage Scale(S3)redefines Cloud Storage performanc
2、eAgenda01020304050607Brazilian RegulationsCustomerScaling the Data ExplosionConcept ValidationTarget ArchitectureProject DeliveryBusiness Impact&ResultsIBM TechXchange|2025 IBM Corporation3IBM TechXchange|2025 IBM CorporationUnited StatesUnited StatesReceipts are proof of payment/purchase.Invoices m
3、ainly used in B2B transactions.No real-time communication with government.Mandatory electronic invoices for every transaction(B2B and B2C)since 2009.Validated and registered in real time by government.Contains buyer/seller info,goods/services,and taxes.Legal value:considered a confession of debt.Bra
4、zilBrazilReceipts vs Electronic InvoicesBrazilian Tax Regulation4IBM TechXchange|2025 IBM CorporationMulti-Layered Tax System in Brazil:State Taxes(ICMS)State Taxes(ICMS)27 state legislations,each with multiple ratesMunicipal Taxes(ISS)Municipal Taxes(ISS)-5,500+municipal legislations,each with its
5、own variations.Federal Taxes(PIS&COFINS)Federal Taxes(PIS&COFINS)complex calculations depending on business sector and dozen rules for exemptionOver 460,000 tax rules have been created since 1988 averaging 37 new rules per business day.This legal maze makes paying taxes in Brazil extremely costly an
6、d inefficientBrazilian RegulationsWho is responsible for Who is responsible for maintaining the custody maintaining the custody of all electronic invoice of all electronic invoice records?records?IBM TechXchange|2025 IBM Corporation5Brazilian RegulationsThe companies!The companies!IBM TechXchange|20