Reforma tribut�ria e concess�es de infraestrutura: impactos e reequil�brio de contratos

The new tax reform, established by constitutional amendment 132/2023 and regulated by complementary law 214/2025, will fully take effect by 2033 after beginning in 2027. This shift is causing significant disruptions for long-term public-private partnership contracts, where tariffs and payments were previously set under an old tax framework. As a result, these agreements are facing recalibration to adapt to the new tax environment, raising questions about financial stability and contract compliance. This change underscores the broader implications for infrastructure investments and the ongoing adjustments needed in governmental fiscal policies.