Brazil Industry Lobby Seeks Tax Reform Delay to 2028, Cites Flaws

Brazilian industry groups delivered a manifesto to the Receita Federal requesting postponement of the tax reform implementation from 2027 to 2028, citing problems in testing, rule uncertainties, and potential cost increases for companies. The request signals growing private-sector friction with the reform timeline, though the government's response remains unclear. If granted, the delay could ease near-term compliance costs but may complicate fiscal planning.

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