Durigan wants to review reform benefits to lower the CBS rate
The finance minister says he will discuss cuts to incentives with Congress in 2027, after the TCU proposed an 11.3% rate for the federal consumption tax.
Translated from the Portuguese original by the Panorama newsroom. Read in Portuguese
Summary written by the Panorama newsroom from the sources listed below. Facts are attributed to the original publications.
Finance Minister Dario Durigan said Tuesday (3) that he intends to discuss with Congress, throughout 2027, a review of the tax benefits provided for in the consumption tax reform. The information is from g1.
The goal is to lower, in the future, the rate of the Contribution on Goods and Services (CBS), the federal tax that will replace part of the current taxes. Last week, the Federal Court of Accounts (TCU) proposed 11.3% for 2027, a figure that surprised the market, which had expected something close to 9.4%.
According to g1, the Senate will set the final rate by December 15, but it cannot cut the incentives now, because they were approved by constitutional amendment. For that reason, the review would be left for next year.
The reform also provides for the IBS, collected by states and municipalities, with a marginal rate of 0.1% in 2027 and 2028 and a gradual increase starting in 2029. With full collection in 2033, estimates indicate that the total burden on consumption could reach about 28%, or even exceed 30%.
The government argues that the current average taxation on consumption would already be higher, at about 34%, but hard to calculate. For Durigan, the reform will make it possible to see transparently how much tax is paid.