Tax Reform: Delays, Bottlenecks in the Steering Committee, and Risks for the Selective Tax

Daniel Loria, a partner at Loria Advogados, is a member of the expert committee for “Pulso da Reforma,” a JOTA initiative that monitors, round by round, the implementation of the Consumption Tax Reform.

In the second edition of the survey, the spotlight was on regulatory delays, operational bottlenecks in split payment, and the risks, now including political ones, surrounding the uncertainty of the Selective Tax in light of the 2026 election calendar.

Regarding split payment, Daniel pointed out a concrete challenge faced by companies: “The technical specifications for the Public Platform were positive. However, there are still no technical specifications for payment service providers. Companies are having difficulty getting started with their preparations.” Following the assessment, important technical manuals were published, notably the split payment operations manual.

As for the governance of the new system, the expert offered a more optimistic view on the progress of the IBS Management Committee: “The structure of the IBS Management Committee has evolved significantly in recent months. The cooperation between states and municipalities is evident (…) In the long term, I am optimistic about simplification, with a reduction in the number of ancillary obligations and the standardization of electronic invoice templates.”

Read the full article in JOTA.