Brazil: Introduction of PLP 241/2020
Description
Introduction of PLP 241/2020
Bill 241/2020 was introduced to the Brazilian Chamber of Deputies. The Bill introduces a tax rate of 3% on the revenue generated in Brazil with streaming, downloading, online games, apps, software, and platforms for interaction. A tax rate of 10% would apply to online betting platforms. For a business to be subject is must not have an establishment in Brazil but exceed a global threshold of BRL 100 million in the previous year. The Bill would enter into force on the day of publication and would be implemented 90 days later.
Original sourceScope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting, cross-cutting, cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Private organisation
Economic activity
platform intermediary: user-generated content,streaming service provider,other service provider
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
software: app store: hosting (any form)
Regulatory tool
Subordination under digital service tax
Sanctions
Determined by existing law or regulation
Regulated subjects
1
electronic messages (any form): hosting (any form)
Regulatory tool
Subordination under digital service tax
Sanctions
Determined by existing law or regulation
Regulated subjects
1
own content: video: streaming
Regulatory tool
Subordination under digital service tax
Sanctions
Determined by existing law or regulation
Regulated subjects
1