Companies prepare for Companies need to adapt to the new tax system to ensure compliance and competitiveness
Understand how the unification of taxes can simplify tax management and stimulate digital transformation in the business sector.
The replacement of traditional taxes
PIS, Cofins, ISS and ICMS – by the CBS and gambling database IBS model marks a profound change in the country’s tax structure. In this scenario, companies, states and municipalities are beginning an adaptation process to face challenges and explore new opportunities in tax management.
According to Yan Cesar de Melo, managing partner what is growth hacking and how to implement it in your business of the tax department at Melo Advogados Associados, the new tax system aims to reduce complexity and promote greater clarity in tax obligations, unifying several taxes into two main taxes: CBS and IBS.
“This measure in addition to simplifying
Eollection, aims to encourage the modernization of accounting and administrative processes, fostering digital transformation in the business sector,” says the lawyer.
Companies of all sizes will have to restructure their internal processes, focusing on automation and integration of management systems.
“The need for technological updates is one of the companies
prepare for main challenges to ensure compliance and avoid tax fines,” warns Yan Cesar.
Experts point out that the change could lead to lack data a review of pricing strategies and a reassessment of profit margins, as the impact of taxes will be redistributed in a more transparent way.
According to the lawyer
in addition to operational adjustments, the transition to CBS and IBS can represent an important boost to companies’ competitiveness. With simpler rules and a more predictable tax environment. The new system is expected to strengthen legal certainty and stimulate. Investment in innovation and technology. Which are essential for survival and growth in an increasingly dynamic market.
“The change to the CBS and IBS model
a decisive step towards a more modern and efficient tax system. This reform, although it requires significant adaptations, companies prepare for opens up space for companies to invest in technology and improve their internal processes, increasing their competitiveness,” says Yan Cesar de Melo.