The rural sector prepares for a new tax era in Brazil

The meeting between political and financial power promises to stir up Avenida Faria Lima this Tuesday (15), where former Agriculture Minister Antonio Cabrera Mano Filho participates in a debate about the impacts of the Tax Reform on agribusiness. The event, promoted by Studio Group in its VIP space aimed at legal and accounting professionals, seeks to translate the new rules into adaptation strategies and competitive advantage. "Brazil is one of the few countries that is trying to do a tax reform before an administrative reform. We are only addressing the revenue side, without any action on the expenditure side. That's why I don't think the current reform will improve our tax system," he states. With the replacement of PIS, Cofins, and ICMS by IBS and CBS, agribusiness enters a cycle of profound changes that affect everything from cash management to pricing. Preliminary calculations indicate that margins could vary by up to 15% in some chains, depending on the level of ...