A joint session of deputies and senators is scheduled for next Thursday (14/12), starting at 10 am, to analyze 39 vetoes and 20 projects. Among the items to be examined is the veto on payroll tax relief for 17 sectors of the economy (Veto 38/2023). In the assessment of ABES and entities representing the 17 sectors of the economy covered by the policy, including transport, textile industry, IT, communication, call-center and civil construction, the veto must be overturned to maintain the level of employment, avoid increase of products and services and maintain Brazilian competitiveness.
In force since 2011, the exemption allows companies to pay rates of 1% to 4.5% on gross revenue instead of 20% on payroll. “The veto harms sectors that employ more than 9 million workers. The exemption is not a tax waiver. It is an exchange of tax base for calculating taxes that will be collected by a company. We hope that this veto will be overturned by parliamentarians”, highlights Paulo Milliet Roque, president of ABES.
The entities released new material that presents updated data on the positive impacts of the exemption and the effects that the veto may have on the job market. To download this full material, access here.
Below, the manifestos released by the entities are available for download shortly after the presidential veto of Bill 334/23, which extends the payroll tax exemption for 17 sectors of the economy until December 31, 2027.
ABES MANIFESTO ABOUT THE VETO OF LEAF EXECUTION
NOTE FROM THE 17 PRODUCTION SECTORS ON THE VETO OF THE LEAF EXECUTION.
NOTE FROM ENTITIES IN THE INFORMATION TECHNOLOGY SECTOR ON PAYROLL EXEMPTION.
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