Brazilian tax reform

The Brazilian tax reform, introduced by Constitutional Amendment No. 132, is an ongoing measure intended to change the collection of taxes in Brazil. It represents an attempt to implement significant instruments for economic policy, with the aim of providing benefits both for the population and for companies in operation. The tax reform, approved in 2023 and still in the process of implementation, seeks to simplify the procedures for payment and collection of taxes, fees and contributions at the federal, state and municipal levels.