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Rouanet Law
The Rouanet Law is a Brazilian law named after Sérgio Paulo Rouanet whose role is providing monetary funds for use in art and culture, including the production of movies. It is intended to encourage cultural investments and its major highlight is the tax incentive policy that enables companies and citizens to deduct a portion of income tax. All projects must be approved by the Brazilian Ministry of Culture that examines technical feasibility of activities. Controversies Despite the pros, there is criticism against the law, which includes the possibility of funds being misappropriated. Critics also argue that the Ministry, rather than directly investing in culture, began to let companies themselves decide which kind of culture deserved to be sponsored. The government's incentives to culture sums up to R$310 million (approximately US$82 million), in which R$30 million (U$8 million) goes to the and R$280 million (U$74 million) to the Rouanet Law, while the tax incentive no lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sérgio Paulo Rouanet
Sérgio Paulo Rouanet (23 February 1934 – 3 July 2022) was a Brazilian diplomat, philosopher, essayist, and scholar. He was the national Secretary of Culture between 1991 and 1992, and in his tenure he created the ''Lei de Incentivo à Cultura'' (Culture Incentive Law), a tax credit law for companies and citizens that sponsor cultural activities, which became known as Rouanet Law. Rouanet was a member of the Brazilian Academy of Letters since 1992 to his death. Early life and career Born in Rio de Janeiro, he graduated in social sciences at the Pontifical Catholic University of Rio de Janeiro. He got a master's degree in political science from Georgetown University, in economics from George Washington University, philosophy from the New York School for Social Research and also a doctorate from the University of São Paulo. Rouanet was a general consul of Brazil in Zurich from 1976 to 1982 and Brazilian ambassador in Denmark from 1987 to 1991, when he was appointed by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Tax
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income. The tax rate may increase as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on companies is usually known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each additional unit of income increases (e.g., the first $10,000 of income taxed at 0%, the next $10,000 taxed at 1%, etc.). Most jurisdictions exempt local charitable organizations from tax. Income from investments may be taxed at different (generally lower) rates than other types of income. Credits of various sorts may be allowed that reduce tax. Some jurisdicti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Culture (Brazil)
The Ministry of Culture of Brazil (Portuguese: Ministério da Cultura, MinC) is a cabinet-level federal ministry created in 1985, in the first month of president's José Sarney government, dissolved by Jair Bolsonaro in 2019 and reinstated by Luiz Inácio Lula da Silva in 2023. Dissolution and reinstatement In April 1990, it was dissolved by president Fernando Collor de Mello and transformed into a Culture Secretary, directly linked to the presidency. This situation was reverted two years later, but, in the meantime, in 1991, the law called popularly ''Lei Rouanet'' was created by the secretary of Culture, Sérgio Paulo Rouanet. It is a law that allows companies and individuals to sponsor cultural products, up to respectively 4% and 6% of their income tax. It is a law of incentive to the culture, the most important instrument of the ministry, frequently contested. In 1999, president Fernando Henrique Cardoso expanded the scope of the law, with more financial resources and a r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Government Of Brazil
The Federal Government of Brazil (''Governo Federal'') is the national government of the Federative Republic of Brazil, a republic in South America divided in 26 states and a federal district. The Brazilian federal government is divided in three branches: the executive, which is headed by the President and the cabinet; the legislative, whose powers are vested by the Constitution in the National Congress; and the judiciary, whose powers are vested in the Supreme Federal Court and lower federal courts. The seat of the federal government is located in Brasília. Division of powers Brazil is a federal presidential constitutional republic, which is based on a representative democracy. The federal government has three independent branches: executive, legislative, and judicial. The Federal Constitution is the supreme law of Brazil. It is the foundation and source of the legal authority underlying the existence of Brazil and the federal government. It provides the framework for th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Senate
The Federal Senate ( pt, Senado Federal) is the upper house of the National Congress of Brazil. When created under the Imperial Constitution in 1824, it was based on the House of Lords of the British Parliament, but since the Proclamation of the Republic in 1889 and under the first republican Constitution the Federal Senate has resembled the United States Senate. The current president of the Federal Senate is Rodrigo Pacheco, a member of the Social Democratic Party from Minas Gerais. He was elected in February, 2021 for a two-year term. Membership The Senate has 81 members, serving an eight-year term of office. There are three senators from each of the country's 27 federative units, the Federal District and the 26 states. Elections are staggered so that either a third or two-thirds of senators are up for election every four years. The most recent election took place in 2018, where two-thirds of the Senate was elected. Electoral system Elections are held under the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marta Suplicy
Marta Teresa Smith de Vasconcellos Suplicy (; born 18 March 1945) is a Brazilian politician and psychologist. She was Mayor of São Paulo from 2001 to 2004. She later served as the Brazilian Minister of Tourism between 14 March 2007, and 4 June 2008, when she resigned to run again for the mayoralty of São Paulo. In 2015, she left the Brazilian Workers' Party (PT). Suplicy is currently a member of Solidariedade (SD). Career Marta Suplicy attended Michigan State University (1966–68), and Pontifícia Universidade Católica de São Paulo (1969–75); she did graduate work at Stanford University (1973). Suplicy started her career as a TV anchorwoman, providing sex advice on a popular show named ''TV Mulher'' (Woman TV), broadcast by Rede Globo. While serving as Congresswoman, she proposed a gay civil unions act. After running for governor of São Paulo and losing to Mário Covas of the Brazilian Social Democracy Party (PSDB) in 1998, she was elected mayor of the state ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Legislation
Brazilian commonly refers to: * Something of, from or relating to Brazil * Brazilian Portuguese, the dialect of the Portuguese language used mostly in Brazil * Brazilians, the people (citizens) of Brazil, or of Brazilian descent Brazilian may also refer to: Sports * Brazilian football, see football in Brazil * Brazilian jiu-jitsu, a martial art and combat sport system *''The Brazilians'', a nickname for South African football association club Mamelodi Sundowns F.C. due to their soccer kits which resembles that of the Brazilian national team Other uses * Brazilian waxing, a style of Bikini waxing * Brazilian culture, describing the Culture of Brazil * "The Brazilian "The Brazilian" is an instrumental piece by the English band Genesis that concludes their 1986 album '' Invisible Touch''. The song features experimental sounds and effects. The band wrote two instrumental pieces for the album, this and "Do the N ...", a 1986 instrumental by Genesis * Brazilian barbecue, known ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Taxes
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income. The tax rate may increase as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on companies is usually known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each additional unit of income increases (e.g., the first $10,000 of income taxed at 0%, the next $10,000 taxed at 1%, etc.). Most jurisdictions exempt local charitable organizations from tax. Income from investments may be taxed at different (generally lower) rates than other types of income. Credits of various sorts may be allowed that reduce tax. Some jurisdicti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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