Chamber restricts beneficiaries and approves a ceiling of R$15 billion until 2026 to encourage the events sector | Policy

The Chamber of Deputies approved this Tuesday (23) a bill that limits the activities benefiting from the Emergency Program for the Resumption of the Events Sector (Perse).

Created during the pandemic, the program grants tax benefits to companies in the sector (understand below). The text is now being analyzed by the Federal Senate.

The duration of the program will therefore be limited in two ways: upon reaching the value of R$15 billion or upon reaching December 2026.

The project also restricted the economic activities (CNAE) benefiting from the program from the current 44 to 30. The government had requested 12. Among the sectors that lost the benefit are:

• hostels, except welfare;
• campsites;
• pensions (accommodation);
• film production company for advertising;
• reservation services and other tourism services;
• passenger transport service – car rental with driver; It is
• organization of excursions in own road vehicles, intercity, interstate and international.

“Naturally, in my main report I kept the 44 CNAEs [atividades]but in the college of leaders, with the presentation of the numbers, the number of CNAEs was necessary to adapt the budget and ensure that both tax regimes were maintained in the program”, explained the rapporteur, deputy Renata Abreu (Podemos-SP).

Among the measures foreseen in Perse are the granting of tax benefits and the possibility of renegotiating debts with discounts for companies in this area.

The law provided for a zero rate of the following taxes on revenue obtained by companies in the events sector:

• PIS/Pasep;
• Cofins;
• CSLL and
• Income tax.

“With the drastic reduction in activities (…), the program meets the number that the government expects”, said Renata. “We are now discussing the provision of accounts on a regular basis, so the Revenue has to publish bimonthly the numbers per activity that are being used by Perse, a rendering of accounts.”

According to the text, Companies able to benefit from the program must have prior authorization from the Federal Revenue Service. If the IRS does not evaluate the situation within 30 days, authorization will be automatic.

Companies taxed based on real profit will have rates zeroed in 2025 and 2026 only on PIS/Pasep and Cofins contributions.

These companies must fully resume, from 2025, the Social Contribution on Net Profit (CSLL) and the Corporate Income Tax (IRPJ).

For presumed profit companies, the exemption is total on the four taxes until 2026.