A Senate Bill (PLS 373/2017), wants to establish the Investment and Strengthening Policy for Family Agroindustry (Agroforte). The measure will provide tax benefits for retirement projects in small rural establishments, such as agro-industries, for example.
According to informed the Senate Agency, the project will work similar to the benefits offered by the Rouanet Law to cultural projects funded by private resources. The Agroforte to capture resources destined to the application in machinery, reform of the infrastructure of production and professional qualification.
The project establishes that, from the calendar year 2018 until the calendar year 2025, deductions to support projects for the reform and structuring of artisanal industries within the Agroforte will be 4% of the tax due by legal entities, and 6% of the tax due by individuals.
Currently, PLS is being analyzed in a terminating manner in the Committee on Economic Affairs (CAE), under the report of Senator Ronaldo Caiado (DEM-GO), who presented a favorable vote on the proposal.
This text was translated by machine from Brazilian Portuguese.