Brazil Senate Passes Bill to Allow Income Tax Deductions for Donations to Specific Research Projects

June 2, 2023, 5:00 AM UTC

The Brazilian Senate May 30 passed Draft Law No. 776/2019, to allow income tax deductions for donations to scientific research and technological innovation projects carried out by the Scientific and Technological Institution (ICT) or by other scientific and private, non-profit companies under the specified regulations. [Brazil, Senate, 05/30/23]

Reference: View Announcement. View Legislative History of Draft Law No. 776/2019. View Text of Draft Law No. 776/2019.

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