The “Tax Compliance Bill” is currently under legislative review in the Chamber of Deputies. It aims to raise revenue equivalent to 1.5% of GDP by reducing gaps in tax payments caused by avoidance, evasion, and/or unintentional underreporting, while also strengthening the modernization of tax administrations.
This initiative from the Executive is one of the commitments established in the “Pact for Economic Growth, Social Progress, and Fiscal Responsibility,” structured around six components:
- Spending needs and priorities.
- Commitments to pro-transparency reforms in the State.
- Promotion of growth through investment, productivity, and economic formalization.
- Principles for a modern tax system.
- Enforcement of compliance with tax obligations and income tax reform.
- Institutional mechanisms for monitoring, tracking, and evaluating the initiative.
As noted, the fifth pillar corresponds to the bill currently under discussion in the Chamber of Deputies and brings together initiatives aimed at improving oversight of tax compliance.
Review the main proposed changes and commentary by Jaime Preiss, Partner of Tax Legal Consulting at CCL Auditores Consultores, on some of the key aspects of the Tax Compliance Bill: