Brazil's Senate approved a bill extending tax incentives for the meetings and conferences sector until 2026, pending President Lula's approval, with a cap of 15 billion reais ($2.89bn)
Brazil's Senate approved a bill to maintain tax incentives for the meetings and conferences sector until 2026, pending President Lula's approval. The bill sets a cap of 15 billion reais ($2.89bn) for post-pandemic tax benefits granted through the PERSE program. Previously, the government had aimed to limit benefits across various sectors, but negotiations led to the current bill being unanimously approved by the Senate.
May 01, 2024
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