Tax relief to encourage sport: the Brazilian way

Published 20 March 2012 By: Nilo Effori

Tax relief to encourage sport: the Brazilian way

In 2006, the Brazilian government, after several discussions inside the Parliament, enacted the Federal Statute number 11.438 regarding sports incentives (the “Statute”). The Statute could be an example for countries that have interest in promoting amateur sports and academies with the aim to develop professional competitive sport while increasing the social inclusion of its citizens.

 

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Author

Nilo Effori

Nilo Effori

Nilo is the founding partner of Effori Sports Law (Effori Sociedade de Advogados), a boutique law firm based in São Paulo and London, specialising entirely in all manner of international sports disputes.

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