Tax Clipping | Stay Up to Date with the Highlights

This week’s edition brings together key topics from the tax agenda, with emphasis on the institutional consolidation of the Consumption Tax Reform and on regulatory, administrative, and judicial updates with direct impact on companies and strategic sectors.

Tax Reform
• Publication of the supplementary law completing the regulation of the Consumption Tax Reform and establishing the IBS Management Committee, defining its governance structure, powers, federal coordination framework, and the conduct of administrative tax litigation.
• Launch by Serpro of the digital platform for the operationalization of the CBS, marking the beginning of the reform’s technological phase, with assisted assessment, national integration, and real-time processing.

Updates
• The State of Minas Gerais issued a decree waiving the proportional reversal of ICMS tax credits in transactions involving fertilizers and agricultural inputs, reinforcing legal certainty and sector competitiveness.
• The Brazilian Federal Revenue Service clarified the rules regarding the exclusion of ICMS from the PIS and Cofins tax base, with relevant impacts on refunds, compensation, and credit utilization.
• The Brazilian Federal Revenue Service confirmed that there are no regulatory limits restricting deductions under the Employee Meal Program (PAT), allowing full deduction for IRPJ purposes, in accordance with the governing legislation.
• CARF recognized the right of companies excluded from the Simples Nacional regime to choose between the presumed profit and actual profit regimes, rejecting automatic imposition of the actual profit regime.
• The state of São Paulo increased the exemption threshold for IPVA in 2026 for hydrogen-powered and hybrid vehicles, with a gradual reinstatement of taxation expected from 2027 onwards.
• The National Confederation of Industry (CNI) filed a constitutional challenge (ADI) before the Federal Supreme Court (STF) against provisions of Supplementary Law No. 224/2025 that condition the maintenance of tax incentives, raising significant discussions on legal certainty and vested rights.

A concise overview of developments already influencing tax planning and decision-making in 2026.

Access the full edition for more information.