The Chamber of Deputies approved this Tuesday (13) the basic text of the Complementary Bill (PLP) 108/24, which creates the Goods and Services Tax Management Committee (CG-IBS). The body will be responsible for managing the IBS, a state tax to be created by the tax reform to replace the ICMS (state) and the ISS (municipal). 
This is the second bill to regulate tax reform. The first bill to regulate tax reform (PLP 68/24), which regulates the IBS and the Social Contribution on Goods and Services (CBS), was approved by the Chamber of Deputies in July and is now awaiting analysis by the Senate.
In the Chamber, the collection of tax on donations and death (ITCMD) on PGBL and VGBL pension plans was included in PLP 108/24, which was not provided for in the original text sent by the federal government.
The IBS Management Committee will bring together representatives from all federated entities to coordinate the collection, monitoring, charging and distribution of this tax to the federated entities, develop the methodology and calculation of the rate; among other attributions.
According to the text, the CG-IBS will be a public entity under a special regime, with budgetary, technical and financial independence, without ties to any other public body.
* With information from the Chamber Agency
