As a way of mitigating the effects suffered by companies in the tourism and events sectors, PERSE (Emergency Program for the Resumption of the Events Sector) was approved by Law 14,148/2021.
In addition to providing options for renegotiating tax and non-tax debts, including FGTS, with discounts of up to 70%, the original PERSE project also provided for the benefit of a zero rate for IRPJ, CSLL, PIS and COFINS for 60 months for companies covered by the sector, namely:
– Holding/marketing congresses, fairs and sporting, social, promotional or cultural events, as well as parties, business fairs, shows in general, social and children’s buffets, and nightclubs and entertainment venues;
– Hospitality in general – – Cinemas
– Companies in the tourism sector (accommodation; travel agencies; tour operators; theme parks).
The benefit related to the zero rate was only enacted in March 2022, after the veto was overturned by the National Congress, and is therefore in full force.
To broaden the scope of the benefit, Law 14,390, of July 4, 2022, established that companies in the sectors covered by PERSE may enjoy the zero rate even if they do not adopt the Real Profit system.
Thus, the sectors included in PERSE will be able to enjoy the benefits, regardless of whether they adopt Real, Presumed or Arbitrated Profit, with arguments existing to claim recognition, in court, of the right to the aforementioned benefit since the enactment of Law No. 14,148/2021.
