Tax reform and the timelines for impact on rice

The discussion about when the tax reform begins to effectively impact rice and basic basket items has been gaining traction in the sector, given the changes foreseen in the consumption tax system. According to an analysis by Sergio Cardoso, director of operations at Itaobi Representações, the practical effects are still distant and follow a gradual schedule defined by the reform itself. Until 2026, according to the current scenario, nothing changes in the taxation of rice, with PIS, Cofins, ICMS, and the already known distortions along the chain remaining in effect. In 2026, there is only a testing period, in which the CBS and IBS appear symbolically, without effective collection and without impact on prices or margins. The concrete change begins in 2027, with the entry into force of the federal CBS. If rice is included in the official list of the national basic basket, the expected rate will be zero. Between 2029 and 2032, the transition of ICMS and ISS to IBS occurs. In this ...