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2 clusters · 10 sources · 12 days · First seen · Last updated

Brazil R&D tax incentive framework

Overview

The provided information focuses on Brazil’s ‘Lei do Bem’ (Law 11.196/05), a legislative instrument designed to stimulate technological innovation. Under this law, companies utilizing the ‘Lucro Real’ tax regime can deduct Research, Development, and Technological Innovation (PD&I) expenses from their IRPJ and CSLL tax bases.

Specific fiscal incentives include the exclusion of 60% to 80% of R&D expenditures from the tax base, contingent upon increases in researcher headcount. Other benefits include a 50% reduction in IPI on R&D equipment, alongside full depreciation and accelerated amortization of intangible innovation assets. To comply with audits by the Federal Revenue Service and the Ministry of Science, Technology and Innovation, companies must maintain precise data management and traceability regarding employee time dedicated to innovation projects.

Entities

Brazil · Receita Federal · Ministry of Science, Technology and Innovation · Câmara dos Deputados · Arlindo Chinaglia

Timeline

  1. 4 days ago

    [BUSINESS] 2 sources
    Brazil's Lei do Bem offers tax incentives for R&D innovation

    Brazil's ‘Lei do Bem’ allows companies to deduct R&D expenses from tax bases, requiring precise payroll documentation to secure fiscal incentives for technological innovation.

  2. 16 days ago

    [BUSINESS] 8 sources
    Brazil proposes tax deductions for hearing aid expenses

    A Brazilian legislative proposal aims to allow taxpayers to deduct up to R$ 10,000 annually for hearing aid expenses from their income tax.

Sources

agorarn.com.br · anfip.org.br · asbeiras.pt · brasilemfolhas.com.br · canalalentejo.sapo.pt · imprensapublica.com.br · noticiasconcursos.com.br · spacemoney.com.br · techware.com.br · tnh1.com.br