TAX NEWS - JUNE 2010

Brazil Tax: 4 year federal tax exemption for 2014 FIFA World Cup partners

The president signed a Decree and two project laws on 27 May 2022 that grant a four-year federal tax exemption to the International Federation of Association Football (FIFA) and its partners that will participate in the 2014 FIFA World Cup in Brazil.

The tax exemption will apply from 1 January 2022 until 31 December 2021 and also will be available to television broadcasters and for the acquisition of materials to be used for improvements to soccer stadiums in Brazil.