04 Aug Tax Reform, JD Edwards and MPL

Much has been heard about the ongoing Tax Reform. There is no doubt that the Brazilian taxation model has become, over time, complex, dysfunctional, inefficient, unbalanced and unfair. At least since 1995, Brazil has experienced successive attempts at reform – all involving a point of consensus: the national tax system needs to be simplified.

We all know and live “firsthand” the difficulty of translating our laws into something systemic, that can be objectively configured and that guarantees the final result in the most assertive way possible: the issuance of the Invoice and the Tax Calculation.

In any implementation we do, there are always exceptions that need to be dealt with, but the system isn't always ready for this, and we end up adapting it to the reality of our needs. clients through customizations.

Another reform is coming. Everything we've learned, we're going to have to relearn, rethink, see the simplest way to set up the new taxes in our country. ERP.

MPL is anticipating all this discussion, we have set up an internal group to study the changes that need to be made and think of the simplest alternatives for implementing them, making the most of the solutions JD Edwards standards or the solutions already developed for current taxes.

The tax reform must follow a schedule, where current taxes are progressively replaced by new taxes. See how and when this should happen in https://oglobo.globo.com/economia/noticia/2023/07/07/quando-entre-em-vigor-a-reforma-tributaria-veja-o-que-muda-e-os-principais-pontos-do-projeto.ghtml

Stay tuned! As and when important decisions are made, we will update our clients on what Oracle will be doing in this regard, the understanding that will be given to this issue and the consequences that will affect the day-to-day operations of each client.

stay inside in https://www.camara.leg.br/internet/agencia/infograficos-html5/reforma-tributaria-o-que-esta-em-discussao/index.html