In March, several complementary bills (PLP) were presented to amend Complementary Law 214/25 (LC 214/25), which establishes the Tax on Goods and Services (IBS), the Social Contribution on Goods and Services (CBS) and the Selective Tax (IS), in addition to creating the IBS Management Committee.

Among the projects presented, PLP 63/25 stands out, specifically aimed at the services sector. The bill proposes the creation of a CBS presumed credit equivalent 60% of the standard rate, to be applied on the value of the transaction indicated in a valid fiscal document.

According to the justification of the proposal, PLP 63/25 aims to increase competitiveness and protect jobs, as the services sector would be one of the most affected by the increase in the tax burden resulting from the tax reform.

The proposal would be aligned with the principles of neutrality and economic efficiency of the reform, by avoiding a disproportionate increase in the tax burden for the sector, whose main operating costs come from manpower expenses – which would not generate the right to credit.

Below, in addition to PLP 63/25, we list the PLPs presented in March and their main objectives:

PLP/PL AFFECTED SECTOR AND OBJECTIVES OF THE PROPOSAL

PLP 57/25

Submitted on 03/10/25

Agro sector

Summary: the project aims to reduce from 50% to 30% the minimum percentage of gross revenue resulting from exports required for the suspension of the payment of IBS and CBS in the acquisition of agricultural products in natura intended for industrialization for export.

PLP 62/25

Submitted on 03/13/25

All (Free Trade Areas – ALC)

Summary: the bill proposes to adjust the tax treatment of the IBS and the CBS in the ALC of Brazil. The proposal aims to ensure that these areas maintain their competitive advantages, ensuring tax benefits for both industry and commerce, and avoiding discrimination that could harm regional economic development.

PLP 63/25

on 03/17/25

Services sector

Summary: the project proposes the creation of presumed credit for the services sector. In general terms, this mechanism will allow companies in the services sector to deduct party from the amount of CBS payable, based on a percentage of the standard rate, in order to compensate the lack of tax credits on some of their primary costs, such as payroll.

Our tax team continues to monitor the topic and is available to clarify any doubts.