The Minister of Finance, Dario Durigan, announced on Monday that the 2027 Budget bill (PLOA) projects a collection of R$ 636 billion with the Contribution on Goods and Services (CBS), a tax that will replace PIS/Cofins and part of the Tax on Industrialized Products (IPI) in the consumption Tax Reform, which begins to take effect next year.
For the Selective Tax (IS), a tax that targets products with negative impacts on society, a collection of R$ 41.9 billion was projected. Durigan explained that the projection does not consider a specific rate for the CBS, but rather assumptions related to maintaining the current tax burden.
According to the minister, the CBS rate will be calculated by the Federal Court of Accounts based on parameters presented by the government to the court of accounts. Durigan also did not reveal what the Selective Tax rates would be, informing only that the intention is to maintain, in this case, the tax burden provided for in the IPI for sectors such as beverages, cigarettes, and automobiles.
