Visma

Photo: Bjoertvedt / Wikimedia Commons, CC BY-SA 4.0

Visma acquires Brazilian tax-automation startup Dootax alongside payments fintech Pag Util

Dootax processes about R$6 billion (roughly $1.1 billion) in tax payments a month for around 1,000 Brazilian companies, and Visma is buying it as Brazil prepares to replace five taxes with a dual VAT system.