Senate CCJ approves report regulating tax reform

The Senate's Constitution and Justice Committee (CCJ) approved, this Wednesday 17, the text of the complementary report on the regulation of tax reform , which has Senator Eduardo Braga (MDB-AM) as rapporteur.

Complementary bill 108/2024 details how the Public Authorities will charge and decide on controversies regarding the future Tax on Goods and Services (IBS), a tax that will unify the current ICMS (state) and ISS (municipal).

The text also establishes procedures for the creation and operation of the Goods and Services Tax Management Committee (CGIBS) and new guidelines for the Tax on Transmission Causa Mortis and Donations (ITCMD).

With approval by the CCJ, the updated text now goes to the plenary for urgent consideration, where it will need 41 votes from the 81 senators – a number that corresponds to the absolute majority of the House.

Braga highlights, among the points outlined in the approved report, the gradual establishment of tax rates for sugary drinks. "Furthermore, the text includes taxi drivers, motorcycle taxi drivers, and gas station attendants in the category of individual microentrepreneurs, aiming to simplify access to tax benefits and obligations," added the rapporteur, who accepted 96 of the 149 amendments submitted to the bill.

According to the senator, the final version of the report included contributions from state and municipal finance departments. Contributions from the productive sectors had already been included in the previous regulations.

"We are carrying out a reform to benefit the Brazilian economy in terms of competitiveness, legal certainty, and transparency on a series of issues," he said.