Tax relief to encourage sport: the Brazilian way

Tuesday, 20 March 2012 Author: Nilo Effori

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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Tags: Brazil | Corporate Social Responsibility | Football | Rugby | Tax Law

Written by

Nilo Effori

Nilo advises clubs, athletes, agents, intermediaries and international sports federations and has successfully represented his clients in disciplinary, regulatory, contractual and doping disputes in proceedings before the Court of Arbitration for Sport, Basketball Arbitral Tribunal, FIFA Dispute Resolution Chamber, FIFA Players' Status Committee, FEI Tribunal, FIA International Court of Appeal and other International Sports Federations’ decision-making bodies.