Brazil’s sweeping tax overhaul, which is replacing five complex indirect taxes with a dual-system Value Added Tax (VAT), is poised to substantially increase the tax burden on the country’s high-growth technology and software sector. The estimated standard rate for the new taxes is between 26.5% and 28.6%, a figure that would effectively **triple or quadruple** the current tax rate paid by many services-heavy technology firms operating in the country.