The bill changes Law No. 7.713/1988 so that Brazilian athletes do not pay Income Tax on amounts received as prize money in international tournaments.
The bill changes Law No. 7.713/1988 so that Brazilian athletes do not pay Income Tax on amounts received as prize money in international tournaments. The exemption applies when the athlete officially represents Brazil in the competition.
Key points and official text
Key points
- Amends art. 6 of Law No. 7.713 of 1988
- Exempts prize money received by Brazilian athletes from Income Tax
- Applies to international tournaments
- Requires the athlete to officially represent Brazil
Official text (PL 3028/2024)
The official text is in Portuguese, as it was voted.
Altera o art. 6º da Lei nº 7.713, de 22 de dezembro de 1988, para isentar do Imposto de Renda os valores recebidos por atletas brasileiros como premiação em torneios internacionais em que representem oficialmente o Brasil.
How each deputy voted
Symbolic vote: the result was announced without recording each deputy's vote.
Subject: Taxes and Economy. Subject and summary are written by artificial intelligence and can contain errors; the official text of each bill is always available on the Chamber's website. How artificial intelligence is used