世界银行：2026年利用数字公共基础设施实现支付交付和包容性：来自巴西个性化增值税现金返还计划的见解报告（英文版）

This report examines the design and implementation of Devolve ICMS, a state-level personalized value added tax (VAT) cashback program in Rio Grande do Sul, Brazil, through the lens of the World Bank’s G2Px framework. Using administrative data, a representative beneficiary survey, and qualitative interviews, the report provides an in-depth assessment of the systems and infrastructure supporting the Devolve ICMS program, illustrating the key elements needed to implement a modern VAT cashback pr