The Tax Reform in Brazil, enacted in 2024, brought several changes to the fiscal system, directly impacting businesses. 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 Goods and Services Tax (IBS), which will replace taxes such as PIS, Cofins, ICMS, ISS, and IPI. This unification aims to reduce the complexity of the tax system and facilitate compliance with fiscal obligations.
With the transformation, adapting to the new tax regime has become one of the biggest concerns for businesses. According to a survey conducted by Deloitte, 60% of companies that adopted technological solutions for tax management were able to reduce the time dedicated to fulfilling their fiscal obligations by up to 30%. Digitalization and automation, for example, are key tools to ensure they adjust quickly to the reform while also reducing risks and operational costs.
“Complementary solutions to ERPs, such as specialized systems for tax compliance, will be essential in this process, helping companies automate tax calculations, ensure automatic updates of tax rates, and reduce errors in ancillary obligations,” says Marcos Tadeu Junior, CEO of Invent Software.
Additionally, the use of artificial intelligence and machine learning in tax solutions can further optimize tax analysis, making the process more efficient and accurate, minimizing the risks of errors and penalties. These technologies are essential for automating repetitive tasks and ensuring companies can adapt to constant changes in tax legislation.
With the gradual transition between 2026 and 2033, the Tax Reform seeks to correct distortions in the current system and increase Brazil’s competitiveness, which, according to the World Bank, ranks 184th in the ease of paying taxes.
Marcos emphasizes that the process of acquiring the systems and add-ons needed to adapt businesses 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, given that the Tax Reform will take effect in 2026. “Investing in complementary technological solutions now is crucial to ensuring compliance and operational efficiency in the long term,” he concludes.
