Brazil tax reform: 8 key update — 6 mins
Hey, I’m Douglas, Editor-in-Chief of the Brazilian Tax Reform Portal 🇧🇷.
1) Tax Reform Platform
Serpro (Federal Data Processing Service) launched the Consumption Tax Reform Platform. The tool is designed to operationalize the CBS (Contribution on Goods and Services) (read more)
The next step for Serpro is to monitor the progress of the entire processing infrastructure. Ariadne Fonseca, the state-owned company’s Director of Economic-Tax Business, told the portal that the company’s employees will need to go through a period of “learning” about the practical operation of the tool (read more)
2) ICMS tax benefits
The Federal Revenue ordinance (No. 635 of 2025), which regulates the federal compensation for losses of ICMS tax benefits during the transition of the reform, received varied opinions from experts (read more)
They pointed out that the rule requires many proofs of the effects of the tax waivers, which may hinder access to reimbursement. Some argue that the requirements are fair to ensure that the benefit reaches only those who are entitled to it, while others consider the rules too restrictive.
3) 1 billion invoices
The Federal Revenue Service shared that Brazil has issued 1 billion tax invoices and fiscal events since January 1 of this year (read more)
4) Income reform
Bill No. 1,087/2025 promises to significantly transform the taxation of individual income in Brazil. The main novelty is the creation of the Minimum Personal Income Tax (IRPFM), applicable starting in 2026 (read more)
5) CFC and CRCDF elect new presidents
The new members of the Federal Accounting Council (CFC) and the Regional Accounting Council of the Federal District (CRCDF) took office in the first week of 2026, on January 5 and 6, respectively. The mandate of the new council members will be in effect from 2026 to 2029 (read more)
The ceremonies also marked the appointment of the new presidents: Joaquim Bezerra (CFC) and Darlan de Lima Barbosa (CRCDF).
6) Law 227: lack of parity
The structure of administrative litigation outlined in Complementary Bill 108/2024, according to the bill that regulates central aspects of the tax reform, tends to concentrate greater decision-making power in the Tax Authority at all levels of judgment of the IBS Management Committee (read more)
7) Hitachi Energy
“The prolonged transition and the simultaneous coexistence of two tax systems will be some of the biggest challenges of the reform,” says Alexandre Kondo, CFO of Hitachi Energy (read more)
8) OECD
The 147 countries and jurisdictions that make up the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have reached an agreement on the main elements of a package that establishes guidelines for the coordinated operation of global minimum tax regimes in an increasingly digitalized and integrated economy (read more)
🇧🇷🔍 Brazil is changing. Are you watching closely?
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