The proximity of the PIS/Cofins extinction period is leading companies to undertake a financial reorganization in which one of the focuses is the recovery of tax credits. The review is part of a broad scope of prioritization by liquidity and cash.
Exclusive data collected for the InfoMoney by business consultancy Valestrá, which operates in tax consultancy, show that 64% of business demand was concentrated in solutions linked to liquidity and cash in 577 contracts closed between January and March 2026.
Of this total, 50% seek tax and social security review solutions, reflecting an immediate search for recovery of tax credits, review of undue payments and efficiency alternatives related to payroll. “These credits can be used in the new tax model, but part of them must be recorded by the end of 2026”, points out the CEO of Valestrá, Keila Biazon.
Study abroad
Upgrade your career!
The Complementary Law that determines the extinction of PIS/Cofins on the last day of 2026 determines that contribution credits for these taxes will remain valid and usable, but must be registered in the bookkeeping environment. According to Biazon, this is an administrative procedure for notifying pending credits with the Federal Revenue Service.
Tax credits are generated from taxes paid in excess throughout the production chain. It happens when, when selling a product, the company pays ICMS on top of the PIS/Confins calculation, which generates double taxation.
The tax reform abolishes, from 2027, the PIS/Cofins, giving way to the Contribution on Goods and Services (CBS), a national tax. Since the beginning of 2026, both CBS and Goods and Services Tax (IBS) to familiarize taxpayers with the new system.
Continues after advertising
The entire adequacy of tax credits is within a broader agenda of liquidity and cash solutions in companies, assesses Biazon. Another 14% of Valestrá’s demand from January to March came from seeking the Tax Compliance Bonus (BAF), a benefit given to companies that comply with the tax authorities.
“We have scanned companies in recent years and even identified benefits that they could have used and that have not yet been implemented to add value to their cash flow”, says the CEO.
Adequacy of contracts
On another front, companies are also adapting contracts to protect themselves from possible cost increases caused by tax reform. According to Biazon, the expectation of an increase in the tax rate, especially in the services sector, led the consultancy to reinforce to companies the need to guarantee possible readjustments in supplier costs.
Although the definitive rates after the end of the reform transition have not yet been defined, it is possible to estimate a percentage and use it to provide contractual security to companies. “If we don’t have final pricing, we minimally put in place a protection that will allow the businessman to adapt the price from the moment there is, in fact, a change in rate”, says the executive.
