Brazil tax reform faces calls for suspension or revocation amid complexity concerns

Brazilian technical debates are surfacing proposals to postpone or revoke the tax reform regulation, with some suggesting a one-year suspension or significant adjustments. The discussion highlights the complexity introduced by successive political accommodations, with some advocating a return to the simplicity of the original PEC 45 of 2019. The outcome is uncertain, but any delay or rollback would mark a reversal of the reform's implementation trajectory, affecting fiscal policy and business planning.