ANNOUNCEMENT 21 Aug 2009
In August 2009, the government of Brazil announced a change in the tax legislation for exporters.
NUMBER OF INTERVENTIONS
Presidency of the Republic. Presidência da República. Casa Civil. Subchefia para Assuntos Jurídicos. Decreto 6.945 de 21 de Agosto de 2009. Available at: http://www.planalto.gov.br/ccivil_03/_Ato2007-2010/2009/Decreto/D6945.htm
Decree 6.945, signed on the 21st of August, 2009, by President Luiz Inácio Lula da Silva, reduced social security contributions for exporters of information and communication technology services. Whereas the general contribution for the national social security system is 20% of total payroll value, exporters of IT services are eligible for a lower rate. The tax reduction varies with the firm's export performance, and firms exporting 100% of their services will pay only 10% of total payroll in social security contributions.
Included in the definition of IT and communication services are the following activities (Decree 6.945, signed on the 21st of August, 2009):
The new legislation had a temporary character and only applied for five years.