In progress in the National Congress since 2020, the promise of a Tax Reform in Brazil is moving at a slow pace, promising to change some structures of the complex fiscal scenario in the country, especially from the point of view of organizations.

Still, regardless of the approved proposal, the forecast is that there will be possible years of tax parallelism, during which companies will have to live with the new determinations, without failing to comply with current obligations. This means that the situation might become even more complicated during the transition period, which in the best case scenario is estimated to last 3 to 5 years following its implementation.

For this reason, as in any renovation or construction process, those who take the time to prepare the land will be able to have a path with fewer obstacles in the stages to come.

Given this scenario, two raw materials are becoming increasingly essential to business from a tax point of view – systems integration and tax intelligence.

technology to the rescue

According to the “2022 Connectivity Performance Report” conducted by MuleSoft in collaboration with Vanson Bourne and Deloitte Digital, among the many potential points of failure when embarking on digital transformation projects, integration issues remain the biggest threat. In the fiscal scenario, this reality is no different.

“Investing in technology is essential for those who wish to go through this period of change without major turbulence, and without problems with the Tax Authorities. It is advisable to bet on integrated solutions that encompass the end-to-end tax process with a 360° view, through tools for tax and tax compliance integrated with different ERPs, such as SAP”, comments Douglas Sztochryn, development director of products at Sovos Brazil.

“In times of major changes and transitions, such as those that are approaching with the advancement of Tax Reform, focusing on tax automation and intelligence can be a decisive strategy for business competitiveness. And the digitization of tax processes, which eliminate manual procedures that are highly prone to errors, is the best way to avoid tax assessments and, at the same time, reduce tax costs”, concludes the executive.

Website: