Valor Econômico spoke to our partner Ana Cláudia Utumi about the points added by the Senate to the text of the new Tax Reform and their impacts.

According to the article, the proposal revised by the Senate increased the number of issues that will depend on regulation in future laws compared to the version initially voted by the House. The numbers vary depending on the criteria used.

One of them will be to regulate taxes that make up the dual Value Added Tax (VAT) – the Goods and Services Tax (IBS) and the Contribution on Goods and Services (CBS). Another will deal with the IBS management committee and a third will regulate the selective tax.

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