Brazil Senate Considers Draft Law to Provide Income Tax Deduction for Employee Education Expenses

The Brazilian Senate Aug. 1 accepted for consideration Draft Law No. 2085/2022, to provide income tax and payroll tax deduction for employee education expenses. The draft law includes measures to: 1) allow a deduction for the employer’s expenses with the cost of the employee’s education, in any area of knowledge and at any level of schooling, in its own or third-party teaching establishments; 2) allow the deduction for purposes of calculating taxable income and the social contribution on net income (CSLL); and 3) apply an annual per-employee limit for the deduction amount. [Brazil, Senate, 08/01/22]

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