{"id":5660,"date":"2026-03-25T23:33:46","date_gmt":"2026-03-26T02:33:46","guid":{"rendered":"https:\/\/deqlaw.com.br\/?page_id=5660"},"modified":"2026-04-27T04:54:20","modified_gmt":"2026-04-27T07:54:20","slug":"brazils-tax-reform-what-every-business-needs-to-know","status":"publish","type":"page","link":"https:\/\/www.deqlaw.com.br\/en\/brazils-tax-reform-what-every-business-needs-to-know\/","title":{"rendered":"Brazil&#8217;s Tax Reform | What Every Business Needs to Know"},"content":{"rendered":"<section data-bb-version=\"5.7.0\" id=\"bt_bb_section69f4d09e0bedb\" class=\"bt_bb_section bt_bb_layout_boxed_1200\"  data-bt-override-class=\"null\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row \"  data-bt-override-class=\"{}\"><div class=\"bt_bb_row_holder\" ><div data-bb-version=\"5.7.0\"  class=\"bt_bb_column col-xl-12 col-xs-12 col-sm-12 col-md-12 col-lg-12 bt_bb_align_left bt_bb_padding_normal\"  data-width=\"12\" data-bt-override-class=\"{}\"><div class=\"bt_bb_column_content bt_bb_vertical_align_top bt_bb_color_scheme_\"><div class=\"bt_bb_column_content_inner\"><div class=\"bt_bb_raw_content\"><link href=\"https:\/\/fonts.googleapis.com\/css2?family=Lato:ital,wght@0,100;0,300;0,400;0,700;0,900;1,100;1,300;1,400&display=swap\" rel=\"stylesheet\" \/>\n<style>\n  .dq-page-wrap {\n    margin-left:  calc(-50vw + 50%);\n    margin-right: calc(-50vw + 50%);\n    width: 100vw;\n    max-width: 100vw;\n    overflow-x: hidden;\n  }\n  :root {\n    --navy:       #0d1b2a;\n    --navy-mid:   #1a2e45;\n    --gold:       #cb8569;\n    --gold-light: #e09a7e;\n    --cream:      #f8f5f0;\n    --warm-white: #fdfcfa;\n    --text-dark:  #1a1a1a;\n    --text-mid:   #4a4a4a;\n    --text-light: #7a7a7a;\n    --border:     #e0d8cc;\n  }\n  *, *::before, *::after { box-sizing: border-box; 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}\n    .intro-inner { grid-template-columns: 1fr; gap: 28px; }\n    .intro-inner h2 { grid-column: 1; }\n    .old-grid { grid-template-columns: 1fr; }\n    .new-grid { grid-template-columns: 1fr; }\n    .impact-grid { grid-template-columns: 1fr; }\n    .action-grid { grid-template-columns: 1fr; }\n    .team-inner { grid-template-columns: 1fr; }\n    .old-section, .new-section, .timeline-section, .impact-section, .action-section, .team-section, .cta-section { padding: 60px 24px; }\n    .intro-strip, .alert-banner { padding: 50px 24px; }\n  }\n<\/style>\n\n<div class=\"dq-page-wrap\">\n\n<!-- HERO -->\n<section class=\"hero\">\n  <div class=\"hero-inner\">\n    <div class=\"hero-label\">D&Q Lawyers \u00b7 Tax & Customs<\/div>\n    <h1>Brazil's Tax Reform:<br><em>What Every Business Needs to Know<\/em><\/h1>\n    <p class=\"hero-sub\">\n      Brazil is in the middle of the most significant overhaul of its tax system in decades. Five major consumption taxes are being replaced with a dual VAT system over a seven-year transition. The clock has started.\n    <\/p>\n    <a href=\"#contact\" class=\"btn-primary\">Get in Touch<\/a>\n  <\/div>\n<\/section>\n\n<!-- ALERT -->\n<div style=\"background:#7a2020;color:white;padding:18px 40px;text-align:center;font-size:16px;line-height:1.6;\">\n  <strong style=\"color:#ffcccc;\">This reform is live:<\/strong> The transition period began on 1 January 2026. New CBS and IBS fields are now required on electronic invoices. The penalty-free testing window closes in mid-2026. Action is needed now.\n<\/div>\n\n<!-- INTRO -->\n<section class=\"intro-strip\">\n  <div class=\"intro-inner\">\n    <h2>Brazil is replacing five complex consumption taxes with a single dual VAT, and the transition is already underway.<\/h2>\n    <div class=\"intro-col\">\n      <p><a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/constituicao\/emendas\/emc\/emc132.htm\" target=\"_blank\" rel=\"noopener\" style=\"color:var(--gold);text-decoration:none;\">Constitutional Amendment 132\/2023<\/a> launched the most comprehensive reform of Brazil's tax system in 35 years. The reform replaces five existing consumption taxes (PIS, COFINS, IPI, ICMS and ISS) with a streamlined dual VAT system, and is underpinned by two major pieces of legislation: <a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/leis\/lcp\/lcp214.htm\" target=\"_blank\" rel=\"noopener\" style=\"color:var(--gold);text-decoration:none;\">Complementary Law 214\/2025<\/a> and <a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/leis\/lcp\/lcp227.htm\" target=\"_blank\" rel=\"noopener\" style=\"color:var(--gold);text-decoration:none;\">Complementary Law 227\/2026<\/a>.<\/p>\n      <p>The goal is to eliminate the cascading tax burden and the notorious complexity of Brazil's current system, reduce economic distortions, and create a more predictable and uniform compliance environment for businesses operating across multiple states.<\/p>\n    <\/div>\n    <div class=\"intro-col\">\n      <p>The transition period runs from 2026 to 2032, with full operation of the new system expected in 2033. During the transition, old and new taxes will <em>coexist<\/em>, meaning companies will need to comply with both systems simultaneously for several years. This is one of the most significant compliance challenges the reform creates for businesses.<\/p>\n      <p>The reform also introduces a new <strong>Selective Tax<\/strong> on goods and services considered harmful to health or the environment, new rules on international data transfers and digital services, and a cashback mechanism for low-income households. For the background on Brazil's current tax system, see our overview at <a href=\"https:\/\/lawsofbrazil.com\/tax-and-customs\/\" target=\"_blank\" rel=\"noopener\">LawsofBrazil<\/a>.<\/p>\n    <\/div>\n  <\/div>\n<\/section>\n\n<!-- OLD SYSTEM -->\n<section class=\"old-section\">\n  <div class=\"section-inner\">\n    <div class=\"section-label\">The Old System<\/div>\n    <h2 class=\"section-title\">The five taxes being replaced<\/h2>\n    <div class=\"old-grid\">\n      <div class=\"old-card\">\n        <span class=\"tag federal\">Federal<\/span>\n        <h4>PIS \/ COFINS<\/h4>\n        <p>Federal social contributions levied on gross revenues. Notoriously complex, with different rates and credit systems depending on the profit method adopted by the company (actual vs deemed profit). Rate: 3.65% (deemed profit) or 9.25% (actual profit) with credits.<\/p>\n      <\/div>\n      <div class=\"old-card\">\n        <span class=\"tag federal\">Federal<\/span>\n        <h4>IPI<\/h4>\n        <p>Federal tax on industrialised products, levied on manufacturing and imports. Rates vary widely by product category (0\u201330%+) and are set by a detailed tariff table. Has historically been used as an industrial policy tool.<\/p>\n      <\/div>\n      <div class=\"old-card\">\n        <span class=\"tag federal\">Federal<\/span>\n        <h4>Federal excise &rarr; Selective Tax<\/h4>\n        <p>IPI will be substantially phased out and replaced by the new Selective Tax (Imposto Seletivo), which applies specifically to goods and services deemed harmful to health or the environment, such as tobacco, alcoholic beverages, weapons, vehicles and certain fuels.<\/p>\n      <\/div>\n      <div class=\"old-card\">\n        <span class=\"tag state\">State<\/span>\n        <h4>ICMS<\/h4>\n        <p>State-level VAT on goods, interstate transport and communications. Rates vary by state (typically 12\u201325%) and by product. One of the most complex taxes in the system, it is a major source of litigation between companies and state governments, and a key driver of the so-called \"fiscal war\" between states.<\/p>\n      <\/div>\n      <div class=\"old-card\">\n        <span class=\"tag municipal\">Municipal<\/span>\n        <h4>ISS<\/h4>\n        <p>Municipal tax on services. Rates set by each municipality (2\u20135%). Applies to a wide range of services, including professional services, digital services, software, financial services and transport. The fragmentation across thousands of municipalities creates enormous compliance complexity.<\/p>\n      <\/div>\n      <div class=\"old-card\" style=\"background:var(--cream);\">\n        <span class=\"tag federal\" style=\"background:var(--gold);color:white;\">Why this matters<\/span>\n        <h4>The cascading problem<\/h4>\n        <p>Under the current system, taxes are levied on taxes: each successive tax is calculated on a base that already includes prior taxes. For certain imported goods, the effective total tax burden can exceed 100% of the CIF value. The reform aims to end this cascading effect by introducing a full credit system.<\/p>\n      <\/div>\n    <\/div>\n    <div class=\"old-note\">Brazil's current consumption tax system is widely regarded as one of the most complex in the world. A single cross-border commercial transaction can trigger obligations across all five of these taxes simultaneously, at three levels of government, with different calculation bases, rates and credit rules at each level.<\/div>\n  <\/div>\n<\/section>\n\n<!-- NEW SYSTEM -->\n<section class=\"new-section\">\n  <div class=\"section-inner\">\n    <div class=\"section-label\">The New System<\/div>\n    <h2 class=\"section-title\">Dual VAT: CBS + IBS + Selective Tax<\/h2>\n    <p class=\"new-intro\">The reform introduces three new taxes to replace the five above. Together, the combined CBS + IBS rate is expected to converge at approximately 26.5\u201328%, though final supplementary legislation on rates is still being published.<\/p>\n    <div class=\"new-grid\">\n      <div class=\"new-item\">\n        <h4>CBS<\/h4>\n        <div class=\"rate\">~8.8%<\/div>\n        <p>Contribui\u00e7\u00e3o sobre Bens e Servi\u00e7os, a federal consumption tax equivalent to a VAT. Replaces PIS and COFINS. Fully operational from 2027. Includes a credit system to eliminate cascading.<\/p>\n        <div class=\"replaces\">Replaces: PIS + COFINS<\/div>\n      <\/div>\n      <div class=\"new-item\">\n        <h4>IBS<\/h4>\n        <div class=\"rate\">~17.7%<\/div>\n        <p>Imposto sobre Bens e Servi\u00e7os, a state and municipal VAT, shared between states, the Federal District and municipalities. Managed by the new CGIBS committee. Gradually replaces ICMS and ISS from 2029 to 2032.<\/p>\n        <div class=\"replaces\">Replaces: ICMS + ISS<\/div>\n      <\/div>\n      <div class=\"new-item\">\n        <h4>IS<\/h4>\n        <div class=\"rate\">Variable<\/div>\n        <p>Imposto Seletivo (Selective Tax), levied on goods and services harmful to health or the environment: tobacco, alcoholic beverages, weapons, certain vehicles, fuels and others. Partially replaces IPI.<\/p>\n        <div class=\"replaces\">Partially replaces: IPI<\/div>\n      <\/div>\n    <\/div>\n    <div style=\"background:rgba(203,133,105,0.1);border-left:2px solid var(--gold);padding:20px 28px;margin-top:44px;color:rgba(255,255,255,0.75);font-size:16px;line-height:1.8;\">\n      <strong style=\"color:var(--gold-light);\">Key principle: destination-based taxation.<\/strong> The new system shifts from origin-based to destination-based taxation. Taxes will be levied where goods and services are <em>consumed<\/em>, not where they are produced. This eliminates the competitive distortions created by the current system and the \"fiscal war\" between states offering incentives to attract companies.\n    <\/div>\n  <\/div>\n<\/section>\n\n<!-- TIMELINE -->\n<section class=\"timeline-section\">\n  <div class=\"section-inner\">\n    <div class=\"section-label\">Implementation Timeline<\/div>\n    <h2 class=\"section-title\">Year by year: what changes and when<\/h2>\n    <div class=\"timeline\">\n      <div class=\"tl-row\">\n        <div class=\"tl-year current\">2025<\/div>\n        <div class=\"tl-body\">\n          <strong>Legislative framework completed<\/strong>\n          <p><a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/leis\/lcp\/lcp214.htm\" target=\"_blank\" rel=\"noopener\" style=\"color:var(--gold);text-decoration:none;\">Complementary Law 214\/2025<\/a> (January) and <a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/leis\/lcp\/lcp227.htm\" target=\"_blank\" rel=\"noopener\" style=\"color:var(--gold);text-decoration:none;\">Complementary Law 227\/2026<\/a> (January 2026) establish the full legal framework for CBS, IBS and the Selective Tax. The CGIBS (IBS Management Committee) is formally created.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"tl-row\">\n        <div class=\"tl-year current\">2026<\/div>\n        <div class=\"tl-body\">\n          <strong>Transition begins: testing year (symbolic rates)<\/strong>\n          <p>CBS at 0.9% and IBS at 0.1% appear on electronic invoices. These amounts can be offset against existing PIS\/COFINS liabilities, with no additional cash burden for most businesses. A penalty-free window applies for the first three months after detailed regulations are published. After that window closes (expected mid-2026), errors in CBS\/IBS invoice fields attract fines and loss of credits. All existing taxes (PIS, COFINS, IPI, ICMS, ISS) remain fully in force.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"tl-row\">\n        <div class=\"tl-year\">2027<\/div>\n        <div class=\"tl-body\">\n          <strong>CBS becomes fully operational: PIS and COFINS abolished<\/strong>\n          <p>PIS and COFINS are terminated. CBS begins full collection. IPI is largely phased out (with limited exceptions for goods competing with products manufactured in the Manaus Free Trade Zone). IBS remains at 0.1% transitional rate.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"tl-row\">\n        <div class=\"tl-year\">2029<\/div>\n        <div class=\"tl-body\">\n          <strong>IBS phase-in begins: ICMS and ISS start reducing<\/strong>\n          <p>IBS begins gradual collection at increasing rates. ICMS and ISS are progressively reduced each year from 2029 through 2032. Companies must manage compliance with both the new IBS and the declining legacy state\/municipal taxes simultaneously.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"tl-row\">\n        <div class=\"tl-year\">2029\u201332<\/div>\n        <div class=\"tl-body\">\n          <strong>Gradual transition: old and new taxes coexist<\/strong>\n          <p>Each year, IBS rates increase as ICMS and ISS rates fall proportionally. Companies will need to operate two parallel tax compliance systems during this entire period. This is the most operationally complex phase of the reform for businesses.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"tl-row\">\n        <div class=\"tl-year\">2033<\/div>\n        <div class=\"tl-body\">\n          <strong>Full operation: old system fully abolished<\/strong>\n          <p>ICMS and ISS are fully eliminated. IBS reaches its full rate. CBS + IBS together form Brazil's new dual VAT system. The reform is complete.<\/p>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n<!-- IMPACT -->\n<section class=\"impact-section\">\n  <div class=\"section-inner\">\n    <div class=\"section-label\">Business Impact<\/div>\n    <h2 class=\"section-title\">What the reform means in practice<\/h2>\n    <div class=\"impact-grid\">\n\n      <div class=\"impact-card\">\n        <svg class=\"impact-icon\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><rect x=\"2\" y=\"3\" width=\"20\" height=\"14\" rx=\"2\"\/><line x1=\"8\" y1=\"21\" x2=\"16\" y2=\"21\"\/><line x1=\"12\" y1=\"17\" x2=\"12\" y2=\"21\"\/><\/svg>\n        <h3>E-invoicing updates are mandatory now<\/h3>\n        <p>Brazil's electronic invoice (NF-e, NFC-e and NFS-e) formats have been updated to include new CBS and IBS fields. From 1 January 2026, these fields must be completed on every invoice. After the initial testing window closes (expected mid-2026), incorrect or missing CBS\/IBS data will result in fines, loss of credits and potential disruption to the movement of goods.<\/p>\n      <\/div>\n\n      <div class=\"impact-card\">\n        <svg class=\"impact-icon\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><circle cx=\"12\" cy=\"12\" r=\"10\"\/><line x1=\"2\" y1=\"12\" x2=\"22\" y2=\"12\"\/><path d=\"M12 2a15.3 15.3 0 0 1 4 10 15.3 15.3 0 0 1-4 10 15.3 15.3 0 0 1-4-10 15.3 15.3 0 0 1 4-10z\"\/><\/svg>\n        <h3>Foreign digital suppliers are now in scope<\/h3>\n        <p>For the first time, non-resident digital service providers (SaaS, streaming, platforms, e-commerce) must register for CBS\/IBS and collect tax on Brazilian sales. If neither the supplier nor the platform registers, financial institutions may be required to withhold the tax. Foreign companies supplying digital services to Brazil should review their registration obligations immediately.<\/p>\n      <\/div>\n\n      <div class=\"impact-card\">\n        <svg class=\"impact-icon\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M12 22s8-4 8-10V5l-8-3-8 3v7c0 6 8 10 8 10z\"\/><\/svg>\n        <h3>Contracts and pricing will need review<\/h3>\n        <p>The shift from origin-based to destination-based taxation changes where tax liability arises. Existing contracts that reference specific taxes (ICMS, ISS, PIS, COFINS) will need to be reviewed and potentially renegotiated. Pricing models, especially for goods sold across state lines or services delivered remotely, may need structural adjustment.<\/p>\n      <\/div>\n\n      <div class=\"impact-card\">\n        <svg class=\"impact-icon\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><line x1=\"12\" y1=\"1\" x2=\"12\" y2=\"23\"\/><path d=\"M17 5H9.5a3.5 3.5 0 0 0 0 7h5a3.5 3.5 0 0 1 0 7H6\"\/><\/svg>\n        <h3>Credit system changes how costs are calculated<\/h3>\n        <p>The new CBS and IBS both operate with a full input credit system, meaning tax paid on inputs can be offset against tax collected on outputs. This is a significant improvement over the current system, where credits are restricted and often cascade. However, it requires companies to track and claim credits correctly from the outset to avoid cash-flow losses.<\/p>\n      <\/div>\n\n      <div class=\"impact-card\">\n        <svg class=\"impact-icon\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M21 16V8a2 2 0 0 0-1-1.73l-7-4a2 2 0 0 0-2 0l-7 4A2 2 0 0 0 3 8v8a2 2 0 0 0 1 1.73l7 4a2 2 0 0 0 2 0l7-4A2 2 0 0 0 21 16z\"\/><\/svg>\n        <h3>ICMS credits need to be mapped now<\/h3>\n        <p>Companies that hold accumulated ICMS credits (common in export-heavy businesses) need to map and document these balances carefully. <a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/leis\/lcp\/lcp227.htm\" target=\"_blank\" rel=\"noopener\" style=\"color:var(--gold);text-decoration:none;\">Complementary Law 227\/2026<\/a> provides mechanisms to offset or transfer ICMS credits and to use ICMS-ST amounts in inventory as at 31 December 2032. Acting early is essential to preserve the value of these credits.<\/p>\n      <\/div>\n\n      <div class=\"impact-card\">\n        <svg class=\"impact-icon\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><path d=\"M17 21v-2a4 4 0 0 0-4-4H5a4 4 0 0 0-4 4v2\"\/><circle cx=\"9\" cy=\"7\" r=\"4\"\/><path d=\"M23 21v-2a4 4 0 0 0-3-3.87\"\/><path d=\"M16 3.13a4 4 0 0 1 0 7.75\"\/><\/svg>\n        <h3>Special regimes for certain sectors<\/h3>\n        <p><a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/leis\/lcp\/lcp227.htm\" target=\"_blank\" rel=\"noopener\" style=\"color:var(--gold);text-decoration:none;\">Complementary Law 227\/2026<\/a> includes sector-specific provisions for real estate, financial services, energy, digital platforms, hospitality and small businesses (Simples Nacional). Companies in these sectors should obtain specific advice, as the standard CBS\/IBS rules may not apply to them in the same way.<\/p>\n      <\/div>\n\n    <\/div>\n  <\/div>\n<\/section>\n\n<!-- ACTIONS -->\n<section class=\"action-section\">\n  <div class=\"section-inner\">\n    <div class=\"section-label\">What to Do Now<\/div>\n    <h2 class=\"section-title\">Six actions every company should take in 2026<\/h2>\n    <div class=\"action-grid\">\n      <div class=\"action-item\">\n        <div class=\"action-num\">01<\/div>\n        <div>\n          <h4>Update your e-invoicing system<\/h4>\n          <p>Ensure your NF-e, NFC-e and NFS-e templates include the new CBS and IBS fields and are correctly parameterised. This is not optional. Errors attract fines once the testing window closes.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"action-item\">\n        <div class=\"action-num\">02<\/div>\n        <div>\n          <h4>Review your product and service classification<\/h4>\n          <p>Correct classification determines your CBS\/IBS rates, available credits and eligibility for reduced rates. Incorrect classification can block downstream buyers from claiming credits.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"action-item\">\n        <div class=\"action-num\">03<\/div>\n        <div>\n          <h4>Map your ICMS credit balances<\/h4>\n          <p>Identify and document all accumulated ICMS credits. Plan how to use, transfer or recover these before the 2033 deadline. Unused credits may be lost.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"action-item\">\n        <div class=\"action-num\">04<\/div>\n        <div>\n          <h4>Review contracts that reference legacy taxes<\/h4>\n          <p>Contracts referencing ICMS, ISS, PIS or COFINS may need updating to reflect the new tax structure. Pricing provisions may need adjustment as the transition unfolds.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"action-item\">\n        <div class=\"action-num\">05<\/div>\n        <div>\n          <h4>Register for CBS\/IBS if you supply digital services from abroad<\/h4>\n          <p>Non-resident digital service providers must register for CBS\/IBS. Failure to do so may result in financial institutions withholding the tax from payments.<\/p>\n        <\/div>\n      <\/div>\n      <div class=\"action-item\">\n        <div class=\"action-num\">06<\/div>\n        <div>\n          <h4>Train your finance and tax teams<\/h4>\n          <p>The Federal Revenue Service has made clear that 2026 is the final rehearsal. Finance, billing and tax teams need to understand the new logic before the penalty-free window closes.<\/p>\n        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/section>\n\n<!-- TEAM -->\n<section class=\"team-section\">\n  <div class=\"team-inner\">\n    <div class=\"team-img-wrap\">\n      <a href=\"https:\/\/www.linkedin.com\/in\/fabianodeffenti\/\" target=\"_blank\" rel=\"noopener\" style=\"display:block;\">\n        <img decoding=\"async\" src=\"https:\/\/www.deqlaw.com.br\/wp-content\/uploads\/2023\/03\/Fabiano-300x350-1.png\" alt=\"Fabiano Deffenti, Founding Partner\" style=\"width:100%;display:block;\" \/>\n      <\/a>\n      <div style=\"padding:16px 4px 0;display:flex;align-items:center;gap:14px;\">\n        <div>\n          <strong style=\"display:block;font-size:17px;font-weight:600;color:var(--navy);margin-bottom:2px;\">Fabiano Deffenti<\/strong>\n          <span style=\"font-size:14px;color:var(--gold);\">Founding Partner<\/span>\n        <\/div>\n        <a href=\"https:\/\/www.linkedin.com\/in\/fabianodeffenti\/\" target=\"_blank\" rel=\"noopener\" style=\"display:inline-block;flex-shrink:0;\">\n          <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"36\" height=\"36\" viewBox=\"0 0 32 32\">\n            <rect width=\"32\" height=\"32\" rx=\"6\" fill=\"#cb8569\"\/>\n            <path fill=\"#fff\" d=\"M11.5 13.5h-3v9h3v-9zm-1.5-1a1.75 1.75 0 1 0 0-3.5 1.75 1.75 0 0 0 0 3.5zm11 1c-1.6 0-2.6.8-3 1.5v-1.5h-3v9h3v-4.5c0-1.4.7-2.2 1.9-2.2 1.1 0 1.6.8 1.6 2.2v4.5h3v-5c0-2.8-1.5-4-3.5-4z\"\/>\n          <\/svg>\n        <\/a>\n      <\/div>\n    <\/div>\n    <div class=\"team-content\">\n      <div class=\"section-label\">Our Team<\/div>\n      <h2 class=\"section-title\" style=\"font-size:34px;\">Tax expertise for foreign companies in Brazil<\/h2>\n      <p>D&Q Lawyers advises foreign companies on all aspects of Brazilian tax law, including the ongoing consumption tax reform. Our team monitors developments in the CBS\/IBS framework as regulations are published and assists clients in understanding how the changes affect their specific operations, contracts and compliance obligations.<\/p>\n      <p>For a broader overview of Brazil's existing tax system and how it applies to foreign businesses, see our resource at <a href=\"https:\/\/lawsofbrazil.com\/tax-and-customs\/\" target=\"_blank\" rel=\"noopener\">LawsofBrazil<\/a>.<\/p>\n      <a href=\"https:\/\/www.deqlaw.com.br\/en\/profissionais\/\" class=\"btn-primary\" style=\"text-decoration:none;margin-top:8px;display:inline-block;\">Meet the Full Team<\/a>\n    <\/div>\n  <\/div>\n<\/section>\n\n<!-- CTA -->\n<section class=\"cta-section\" id=\"contact\">\n  <div class=\"cta-inner\">\n    <div class=\"section-label\" style=\"justify-content:center;\">Get Advice<\/div>\n    <h2>Questions about Brazil's tax reform?<\/h2>\n    <p>We advise foreign and domestic companies on how the CBS\/IBS transition affects their operations, contracts and compliance obligations. Initial enquiries are always welcome.<\/p>\n    <div style=\"margin-top:20px;padding:36px 44px;background:var(--cream);border:1px solid var(--border);display:inline-block;min-width:320px;\">\n      <div style=\"font-size:12px;text-transform:uppercase;letter-spacing:2px;color:var(--text-light);margin-bottom:12px;\">Send us an email<\/div>\n      <a href=\"mailto:info@deqlaw.com.br\" style=\"font-size:24px;font-weight:300;color:var(--navy);text-decoration:none;display:block;margin-bottom:16px;\">info@deqlaw.com.br<\/a>\n      <a href=\"mailto:info@deqlaw.com.br\" class=\"btn-primary\" style=\"text-decoration:none;\">Send Email Now<\/a>\n    <\/div>\n    <p style=\"margin-top:20px;font-size:13px;color:var(--text-light);\">This page is a summary for informational purposes only and does not constitute legal or tax advice. Details of the reform continue to be published. Please consult us for advice on your specific situation.<\/p>\n  <\/div>\n<\/section>\n\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-5660","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brazil&#039;s Tax Reform | What Every Business Needs to Know - D&amp;Q Lawyers<\/title>\n<meta name=\"description\" content=\"Brazil tax reform explained for businesses. 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