The federal government will forward a proposal to the National Congress to create a transition rule for the collection of the Contribution on Goods and Services (CBS), a new federal tax under the tax reform.
The measure will allow companies to make an estimated tax calculation in the first months of the system's validity and make adjustments later, reducing difficulties in adapting to the new rules.
The announcement was made this Wednesday (11) by the special secretary of the Federal Revenue, Robinson Barreirinhas, during a press conference on the Tax Reform Compliance Program, at the Ministry of Finance.
According to the secretary, the proposal seeks to provide more security to taxpayers during the migration to the credit model linked to payment and to the split payment system – a mechanism that links the use of tax credits to the effective collection of taxes in the operation.
“To reassure and make absolutely sure that no one will have a problem with this transition, we are going to propose an optional rule to the National Congress,” stated the secretary.
According to the system presented, companies will start issuing tax documents within the new rules from January 2027.
In the first CBS calculation, scheduled for February, the taxpayer will be able to calculate the tax based on an estimate of the credits to which they will be entitled. Any differences will be adjusted when calculating the following month.
According to Barreirinhas, the mechanism will function as an alternative for taxpayers who are still adapting to the new rules for using tax credits.
“Until split payment is fully implemented, especially in operations between companies, this model can function as a transition mechanism,” he said.
When defending the entry into force of the reform within the schedule foreseen by the government, the secretary stated that the regulation has been created in dialogue with states, municipalities, business entities and accounting professionals.
According to him, the first version of the regulation received almost 5 thousand suggestions for improvement, which were analyzed by the Federal Revenue Service and other bodies involved in implementation.
"All reform decisions need to be taken by consensus. This requires a very strong institutional dialogue", he stated.
Barreirinhas informed that a new version of the regulation should be published in the next few days and highlighted that the work will continue after the publication of the complementary standards scheduled for this year.
The secretary also highlighted the effects that the reform could have on productive investments.
Under the new rules, taxes paid on the purchase of machinery, equipment, real estate and other capital goods will generate immediate credits. Today, in many cases, these credits are recovered gradually over several years.
“An industry that makes a large investment, for example in real estate or equipment, can go months or even years without paying CBS,” he stated.
According to Barreirinhas, this will occur because investments will generate tax credits that can be used immediately, reducing the cost of investments and the need to keep resources tied up waiting for tax recovery.
The secretary also highlighted the expectation of faster reimbursement of accumulated credits: “The reimbursement, which nowadays sometimes takes up to a year to be processed, will occur in 30, 60 or 90 days, depending on the compliance of this businessman.”
He also recalled that the Tax on Industrialized Products (IPI) will have a zero rate for most products, remaining only in specific situations aimed at preserving the competitiveness of the Manaus Free Zone.
