The processing deadlines, with the urgency requested by the President of the Republic, of 45 days, begin to count from when the PLP 68/2024 is read in the Plenary, which should occur in August.
The Brazilian government is working to meet deadlines and implement tax reform by 2033. The schedule foresees that the reform will be regulated between 2024 and 2025. After this phase, the transition from current taxes to the VAT model will begin in 2026.
The reform simplifies the tax system…