The Tax Reform in Brazil, sanctioned in 2024, brought several changes in the tax system, directly impacting companies. Now, they will need to adjust contracts, systems, tax calculations, recurring operations, and logistical processes to ensure compliance with the new rules. One of the main changes is the creation of the Tax on Goods and Services (IBS), which will replace taxes like PIS, Cofins, ICMS, ISS, and IPI. This unification aims to reduce the complexity of the tax system and facilitate compliance with tax obligations.
With the transformation, adapting to the new tax regime has become one of the companies’ biggest concerns. According to a survey by Deloitte, 60% of companies that adopted technological solutions for tax management were able to reduce up to 30% of the time dedicated to meeting their tax obligations. Digitalization and automation, for example, are key tools to ensure that they quickly adjust to the reform and also reduce operational risks and costs.
“Complementary solutions to ERPs, such as specialized systems in tax compliance, will be essential in this process, being able to help companies automate tax calculations, ensure automatic updating of rates, and reduce errors in ancillary obligations,” says Marcos Tadeu Junior, CEO of Invent Software.
Furthermore, the use of artificial intelligence and machine learning in tax solutions can further optimize tax analysis, making the process more efficient and precise, minimizing the risks of errors and penalties. These technologies are essential to automate repetitive tasks and ensure that the company can adapt to constant changes in tax legislation.
With the gradual transition between 2026 and 2033, the Tax Reform aims to correct distortions in the current system and increase Brazil’s competitiveness, which, according to the World Bank, ranks 184th in ease of paying taxes.
Marcos emphasizes that the process of acquiring the necessary systems and add-ons to adapt companies to the new legislation can take months, depending on the complexity of the solutions. Therefore, he recommends that companies start preparing as soon as possible, since the Tax Reform will take effect in 2026. ‘Investing in complementary technological solutions now is essential to ensure compliance and efficiency of operations in the long run,’ he concludes.