Checklist
Brazil tax reform: Your indirect tax readiness checklist for IBS and CBS
Master Brazil’s tax reform. Our checklist guides multinational tax pros to prepare for compliance, mitigate risks, and ensure readiness
Your comprehensive checklist to the Brazil tax reform
Brazil's tax reform introduces a dual VAT system, new excise tax, and destination-based taxation. To ensure a smooth transition, use this checklist to:
- Understand the reform framework: dual VAT system (CBS and IBS), selective tax (IS), and destination-based taxation
- Assess current state: document indirect tax processes, workflows, and compliance procedures
- Prepare for implementation: establish a project governance structure, develop a multi-year roadmap, and secure executive sponsorship
- Mitigate risks: perform impact analysis on cash flow, working capital, and effective tax rate
- Ensure compliance: update internal controls, revise tax policies, and prepare for increased audit risk
Stay ahead of the curve. Download our comprehensive checklist now and take the first step towards a seamless transition to Brazil's new tax regime.