Still by MP, government maintains the total tax reduction on aircraft leasing

by '@Pedro

LATAM GOL

One of the Provisional Measure published this past Friday (31/12) in the Federal Official Gazette reduces the rates on IRRF for aircraft and engine leasing as of January 1, 2022.

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The reduction will have the maximum duration allowed by law, that is, five years.. The measure directly benefits airlines, indirectly impacting the entire tourism production chain and ensuring the permanence of thousands of jobs.

The IRRF rate on aircraft leasing will be reduced from 15% to zero in the next two years. As of 2024, the rates will increase gradually by 1% per year. That is, it will be 1% in 2024, 2% in 2025 and 3% in 2026.

“This achievement closes with a golden key a year marked by challenges, but also by victories that have guaranteed the resumption of tourist activities across the country. This was only possible thanks to work in synergy with the Ministries of Infrastructure and Economy and the undeniable of President Bolsonaro, who believes in and s tourism. I couldn't be more confident about the year ahead.”, celebrated the Minister of Tourism, Gilson Machado Neto.

The MP reduces the operating costs of the airline sector, contributing to the maintenance of companies and jobs in the tourism sector and to the recovery of tourism.

According to the Brazilian Association of Airlines (ABEAR), the measure will allow the permanence of 95,4 thousand jobs; the maintenance of salaries in the order of R$ 2,8 billion; and the injection of R$ 6,2 billion into the Brazilian GDP.

“We thank ministers Gilson Machado, Tarcísio de Freitas and Paulo Guedes, who together with their teams fought incessantly for this measure that keeps Brazil aligned with the international market, helping aviation to remain competitive, allowing a favorable business environment for the resumption of the sector and tourism in 2022”, highlighted Eduardo Sanovicz, president of the Brazilian Association of Airlines (ABEAR).

Currently, airlines pay 15% in relation to IRRF on aircraft leasing. This rate is charged in the event of payment, credit, delivery, employment or remittance, by a source located in the country, to a legal entity domiciled abroad, as consideration for the commercial leasing of aircraft or engines for aircraft, entered into by a scheduled public air transport, enger or cargo.

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Street: Ministry of Tourism

Peter Viana

Author Peter Viana

Aerospace Engineering - Photo and video editor - Photographer - Aeroflap

Categories: News, Others

Tags: Aircraft, Government, tax, Leasing, usaexport

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