Brazil Congress approves bill to keep tax incentives for events industry

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Explore stories from Atlantic Canada.

Halifax Regional Police release Dartmouth suspect’s name and photo | SaltWire #news #novascotiaRIO DE JANEIRO/BRASILIA -Brazil's Senate on Tuesday approved a bill maintaining tax incentives for the meetings and cultural events sector until the end of 2026, which now needs President Luiz Inacio Lula da Silva's approval to become law.

In December, Lula's administration introduced an executive order aimed at limiting benefits across various sectors and ensuring fiscal compensation, including a significant downsizing of the PERSE program, targeting its elimination by 2025. The leftist government then started negotiating some kind of limitation to the program, which resulted in the bill that was approved by Senate unanimously.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in US

United States United States Latest News, United States United States Headlines