Constitutional Amendment EC 132/2023 and Complementary Law LC 214/2025 launched the largest reform of the Brazilian tax system in decades. Five consumption taxes — PIS, Cofins, ICMS, ISS and IPI — will be gradually replaced by the IBS and the CBS, over a transition period extending through 2033.
For companies, this means reviewing pricing, contracts, credits and the very structure of their operations. Decisions made now, still during the transition, directly affect the tax burden of the coming years.
Legal guidance throughout this period makes it possible to anticipate impacts, organize documentation and reduce the risk of assessments. Each company requires a specific analysis of its classification and its sector.
Content for informational purposes only, in compliance with OAB Ruling No. 205/2021.