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1. General Context<\/strong><\/p>\n On October 22, 2025, the Federal Senate approved, by 51 votes to 10, the final text of Complementary Bill No. 108\/2024, which regulates central provisions of the Consumption Tax Reform (Constitutional Amendment 132\/2023) and creates the Management Committee for the Tax on Goods and Services (IBS).<\/p>\n The new version incorporated more than 60 parliamentary amendments, with significant changes on topics such as:<\/p>\n digital platforms<\/p>\n<\/li>\n zero-rate medications<\/p>\n<\/li>\n single-phase fuel regime<\/p>\n<\/li>\n split payment<\/p>\n<\/li>\n penalties<\/p>\n<\/li>\n loyalty programs<\/p>\n<\/li>\n employee benefits<\/p>\n<\/li>\n SAFs (Football Corporations)<\/p>\n<\/li>\n composition of the Management Committee<\/p>\n<\/li>\n<\/ul>\n The text now proceeds to presidential approval, consolidating the second legislative pillar of Tax Reform regulation \u2014 the first being CLP 68\/2024, which addressed the general rules for CBS and IBS.<\/p>\n 2. Structure and Governance of the IBS Management Committee<\/strong><\/p>\n The Management Committee will be responsible for administering, supervising, and distributing IBS revenue among federal entities, with technical and operational autonomy, but without authority to create taxes.<\/p>\n After intense negotiations, the provisional composition model was maintained:<\/p>\n Additional rules:<\/p>\n Electoral regulations will be defined jointly by CNM and FNP.<\/p>\n<\/li>\n Each entity may register two electoral slates<\/strong>.<\/p>\n<\/li>\n Minimum percentage of votes for validating municipal slates was reduced from 50% to 30%<\/strong>.<\/p>\n<\/li>\n<\/ul>\n 3. Administrative Process and Integrated Supervision<\/strong><\/p>\n CLP 108\/2024 unifies the tax administrative proceeding (PAT) for IBS and CBS, ensuring uniform treatment for:<\/p>\n queries<\/p>\n<\/li>\n challenges<\/p>\n<\/li>\n administrative appeals<\/p>\n<\/li>\n<\/ul>\n Additional changes:<\/p>\n Response period for joint consultation solutions increases from 30 to up to 60 days<\/strong>.<\/p>\n<\/li>\n Tacit acceptance applies if one body does not respond within the deadline.<\/p>\n<\/li>\n Digital platforms: remain without right to IBS\/CBS credit<\/strong> and absorb financial costs without tax pass-through.<\/p>\n<\/li>\n<\/ul>\n 4. Amendments Approved by the Federal Senate<\/strong><\/p>\n The Senate approved Complementary Law No. 214\/2025, bringing adjustments in:<\/p>\n tax invoices<\/p>\n<\/li>\n single-phase regimes<\/p>\n<\/li>\n tax benefits<\/p>\n<\/li>\n penalties<\/p>\n<\/li>\n reference rate calculations<\/p>\n<\/li>\n<\/ul>\n 4.1. General Consolidation of Amendments<\/strong><\/p>\n Changes were introduced to:<\/p>\n correct technical distortions<\/p>\n<\/li>\n reduce litigation<\/p>\n<\/li>\n improve transition to IBS\/CBS<\/p>\n<\/li>\n address demands from sectors and federal entities<\/p>\n<\/li>\n<\/ul>\n 4.2. Consolidation of Tax Invoices by Municipality<\/strong><\/p>\n Allows issuing one consolidated tax document per municipality<\/strong> for transactions without purchaser credit.<\/p>\n<\/li>\n Requested by large tech companies.<\/p>\n<\/li>\n Opposed by the Federal Revenue and some state tax offices.<\/p>\n<\/li>\n May be subject to presidential veto.<\/p>\n<\/li>\n<\/ul>\n 4.3. Zero-Rate Medications<\/strong><\/p>\n List becomes dynamic<\/strong>, updated every 120 days<\/strong>.<\/p>\n<\/li>\n Joint definition by Ministry of Finance, Management Committee, and Ministry of Health.<\/p>\n<\/li>\n Prioritizes drugs for rare, neglected, oncological diseases and diabetes.<\/p>\n<\/li>\n<\/ul>\n 4.4. Single-Phase ICMS for Fuels<\/strong><\/p>\n Includes gasoline and diesel streams (e.g., naphtha) in the single-phase regime to combat fraud.<\/p>\n<\/li>\n<\/ul>\n 4.5. Tolerance Limits for Split Payment<\/strong><\/p>\n Creates Article 471-D.<\/p>\n<\/li>\n First two years of CBS<\/strong>: no penalties for errors within tolerance thresholds.<\/p>\n<\/li>\n<\/ul>\n 4.6. Condition for Reduction of Ex Officio Penalty<\/strong><\/p>\n Penalty reduction from 75% to 50%<\/strong> only if the return correctly describes:<\/p>\n goods\/services<\/p>\n<\/li>\n quantities<\/p>\n<\/li>\n transaction values<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n 4.7. More Recent Reference Rates<\/strong><\/p>\n IBS\/CBS reference rates will now use 2024\u20132026<\/strong> revenue\/GDP averages instead of 2012\u20132021.<\/p>\n<\/li>\n<\/ul>\n 4.8. Specific Regime for Loyalty Programs<\/strong><\/p>\n Loyalty administrators fit into the specific financial services regime<\/strong>.<\/p>\n<\/li>\n<\/ul>\n 4.9. Penalties for Ancillary Obligations<\/strong><\/p>\n Graduated penalty model:<\/p>\n 2026:<\/strong> 6% (CBS) \/ 12% (IBS)<\/p>\n<\/li>\n 2027\u20132032:<\/strong> IBS = double CBS<\/p>\n<\/li>\n 2033 onward:<\/strong> each tax\u2019s own rate<\/p>\n<\/li>\n<\/ul>\n 4.10. Employee Benefits and Tax Credits<\/strong><\/p>\n Transport, meal, and food vouchers generate IBS\/CBS credit without collective agreements, if the supplier is under the specific financial services regime.<\/p>\n<\/li>\n<\/ul>\n 4.11. SAF \u2013 Tax Burden Reduction<\/strong><\/p>\n New SAF tax burden:<\/p>\n IRPJ + CSLL: 4% \u2192 3%<\/strong><\/p>\n<\/li>\n CBS: 1.5% \u2192 1%<\/strong><\/p>\n<\/li>\n IBS: 3% \u2192 1%<\/strong><\/p>\n<\/li>\n<\/ul>\n Total falls from 8.5% to 5%<\/strong>.<\/p>\n 5. Sectoral and Economic Impacts<\/strong><\/p>\n Industry:<\/strong> clarity on credits, ICMS balance automatic approval after 12 months.<\/p>\n<\/li>\n Commerce\/Retail:<\/strong> smoother transition, penalty forgiveness in 2026.<\/p>\n<\/li>\n Digital services:<\/strong> obligations increase; risks mitigated.<\/p>\n<\/li>\n Health\/Pharma:<\/strong> dynamic zero-rate system improves predictability.<\/p>\n<\/li>\n Construction:<\/strong> contracts must adapt to destination-based taxation.<\/p>\n<\/li>\n Sports:<\/strong> SAFs benefit from reduced burden.<\/p>\n<\/li>\n Municipalities:<\/strong> progress in shared governance; possible representation conflicts.<\/p>\n<\/li>\n<\/ul>\n 6. Challenges and Legal Risks<\/strong><\/p>\n Remaining risks include:<\/p>\n composition of the Management Committee<\/p>\n<\/li>\n transparency issues in fiscal consolidation<\/p>\n<\/li>\n disputes over penalties and tolerance rules<\/p>\n<\/li>\n implementation challenges for cashback and split payment systems<\/p>\n<\/li>\n<\/ul>\n 7. Conclusion and Recommendations<\/strong><\/p>\n CLP 108\/2024 consolidates the second stage of Tax Reform, with governance improvements, gradual transition, and sector-adapted adjustments.<\/p>\n Companies should:<\/strong><\/p>\n Update tax systems\/ERP for IBS and CBS.<\/p>\n<\/li>\n Review contracts and supply chains for destination-based taxation.<\/p>\n<\/li>\n Use the 2026 self-regularization window.<\/p>\n<\/li>\n Monitor infralegal regulations.<\/p>\n<\/li>\n Anticipate cash-flow impacts.<\/p>\n<\/li>\n<\/ol>\n <\/p>","protected":false},"excerpt":{"rendered":" 1. General Context On October 22, 2025, the Federal Senate approved, by 51 votes to 10, the final text of Complementary Bill No. 108\/2024, which […]<\/p>\n","protected":false},"author":2,"featured_media":2941,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tributario"],"acf":[],"_links":{"self":[{"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/posts\/2940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/comments?post=2940"}],"version-history":[{"count":5,"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/posts\/2940\/revisions"}],"predecessor-version":[{"id":2955,"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/posts\/2940\/revisions\/2955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/media\/2941"}],"wp:attachment":[{"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/media?parent=2940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/categories?post=2940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oliveiraalves.com.br\/en\/wp-json\/wp\/v2\/tags?post=2940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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