TradeNotableSingle-sourceDeveloping
5.1
Brazil Tax Reform Alters Purchasing and Sales Routines Ahead of 2026 CBS/IBS Test Year
Valor Econômico·BR·1 day ago
Brazilian companies under the Real Profit regime are prioritizing recovery of incorrectly paid taxes as the 2026 test year for the new CBS/IBS system begins, with full transition to 2032. The shift moves tax credit recovery from legal to financial management, as 2027 will see real CBS rates and phase-out of PIS/Cofins. This affects corporate cash flow and tax planning strategies.