- Time is the main challenge in implementing consumption tax reform
- Government confident in success with regulatory measures and system development
- Ministry of Finance launched second phase of Technical Advisory Program for Implementation of Consumption Reform
- Special Secretary for Tax Reform Bernard Appy expresses confidence in success despite challenges
- Program includes top-level body, Legal Analysis Group, Quantification Team, and technical group for split payment implementation
- Split payment may be implemented in stages, with goal of simpler versions being operational by 2026
- Removal of urgency status for consumption tax reform in Senate helped unblock legislative process, according to Mr. Appy
Source: valorinternational.globo.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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