The Chamber of Deputies approved a request giving urgency to the Complementary Law Project (PLP) that makes changes to the Simplified Tax System (Simples Nacional) on the last Thursday (20). The proposal is part of the Believe Export Program, which foresees the creation of transition rules until the conclusion of the Tax Reform in 2032.
The request, made by the Government Leader in the Chamber, José Guimarães (PT-CE), allows for the calculation of tax credits on revenues from exports by those under the regime. The project is expected to alter the National Statute of Microenterprise and Small Business which currently prohibits the generation of tax credits for those opting for the Simplified Tax System.
According to business lawyer Mayra Saitta of Saitta Advocacy office, the project may bring about some changes for micro and small business owners in tax burden, revenue brackets, and even in business competitiveness.
“The companies that are expected to benefit are those that fall under the Simplified Tax System rules and have a tax structure aligned with the new changes. On the other hand, companies that are currently exploiting loopholes to reduce taxes in a manner inconsistent with the new regulations will need to quickly adapt to avoid penalties,” explains the lawyer.
According to Saitta, the main expected benefits include:
- Possible reduction in tax burden: Depending on the activity and revenue, some tax brackets may become more advantageous;
- More clarity in taxation: The project may bring adjustments that make the application of tax rates more predictable and fair for certain sectors;
- Expansion of limits: If the project includes an increase in the revenue ceiling, some companies may stay in Simples for a longer period before needing to switch to another tax regime.
