Senate approves MP that exempts aircraft lease tax

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The Federal Senate approved, this Tuesday (17), the provisional measure (MP) that provides exemption from Income Tax Withheld at Source (IRRF) for payments of leasing (leasing) of aircraft by Brazilian companies to companies abroad. Text goes to the sanction or veto of the presidency of the Republic.

The tax reduction is valid until the end of 2026, but for 2022 and 2023, the MP reduces the rate from 15% to zero. The proposal also provides for a rate of 1% for 2024; 2% for 2025 and 3% for 2026.

For the rapporteur, Senator Nelsinho Trad (PSD/MS), the proposal became more necessary in the face of the pandemic crisis and the war between Russia and Ukraine in which there were impacts on the air sector.

“The relevance and urgency of the MPV became even more evident with the conflict between Ukraine and Russia that started in February 2022, which caused an increase in international oil prices, which was passed on to the price of aviation kerosene,” said Trad. .

According to the federal government, the change will benefit companies in the regular passenger or cargo air transport sector.

For the Executive, the measure will reduce the high operating cost of airlines and thus contribute to the recovery and survival of the Brazilian air transport sector in the post-Covid-19 pandemic.

The government also argued that the 15% rate resulted in negative effects on tourism operations, generating increased costs and making it difficult for the sector to recover in the context of the pandemic. With the measure, the government also stated that it hopes to reduce travel costs and encourage tourism.

Source: CNN Brasil

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