Coalition formed by sectors that employ the most in Brazil defends the approval of PL 334/23, which extends the policy until December 2027

Representatives of 17 economic sectors in Brazil published this Wednesday (10) a manifesto expressing support for the approval of PL 334/23, authored by Senator Efraim Filho (União/PB), which advocates maintaining the policy of payroll exemption until December 31, 2027 Among the entities are the Brazilian Association of Software Companies (ABES), the Brazilian Association of Teleservices (ABT) and the Association of Information and Communication Technology Companies (TIC) and Digital Technologies (Brasscom).

The proposal maintains the tax replacement of the conventional social security contribution, 20% on the value of each employee's remuneration, for a single tax on the company's gross revenue.

Initiated in 2011, the payroll tax exemption policy brought significant results to the country's economy, by reducing labor costs and providing greater dynamism to companies. Currently, the initiative includes 17 economic sectors that employ more than 8.9 million workers, including the information technology, civil construction, social communication, public transport, textiles, leather, footwear and call center sectors.

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