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The New Fiscal Geopolitics: Why the 2025 reform is far from neutral?
A strategic analysis for CFOs, Tax Heads and CEOs seeking to decipher the hidden vectors of risk and opportunity in the IBS/CBS era – before they become consensus.
Strategic analyses, fiscal provocations, and perspectives that anticipate the tax future: by sector, by impact, by intelligence.
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![insights.articlesSection.articles[0].title](/images/1.c4f62281.webp)
A strategic analysis for CFOs, Tax Heads and CEOs seeking to decipher the hidden vectors of risk and opportunity in the IBS/CBS era – before they become consensus.
![insights.articlesSection.articles[1].title](/images/2.3165628e.webp)
The Tax Reform, which comes into effect in January, promises to be a watershed for the business environment in Brazil. More than regulatory compliance, experts point out that it requires organizations to transform tax management into a strategic area — capable of sustaining competitiveness, margins and innovation.
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Verticalization loses fiscal appeal. Tax unification may generate accumulation of IBS/CBS credits without a defined deadline for refund in integrated production models, penalizing cash flow.
![insights.articlesSection.articles[3].title](/images/4.03313021.webp)
Centralized generation models may suffer from taxation on technical losses, while the reform burdens OPEX even while relieving CAPEX.
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Fragmented logistics with multiple distribution centers may generate credits retained in states with high bureaucracy, impacting cash flow.
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Informal links in the chain (small producers, transporters) can break the credit chain, harming the fiscal performance of agribusinesses and exporters.
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The levy of IBS/CBS on hybrid revenues (intermediation + services) and the definition of their calculation bases generate uncertainty and potential margin erosion.
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Special regimes such as Repetro may face incompatibilities with VAT logic, generating uncertainties for long-term and high-investment projects.
A space to translate complex tax changes into clear, applicable and strategic vision — focused on real business impact.
Our content is produced by specialists working in the regulatory, tax and financial fields, offering early interpretations, analytical positioning and practical routes for leading companies in transformation.
Descubra como nossa tecnologia pode transformer a sua gestão fiscal.
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