The tax reform PEC45/2019 (Proposed Amendment to the Constitution), which is expected to be signed into law in a joint session of Congress during Week 51, is a key component of the government's strategy to boost growth and enhance productivity in the country. However, the successful implementation of this tax reform depends on a long transition period and subsequent bills.
As previously reported, it seeks to simplify Brazil's complex tax system by consolidating five existing taxes into a …