Authorize Tax Free for the return of taxes to foreigners

Brazilthe main destination chosen by Argentines who travel abroad in summer, will have for the first time a programa de Tax Freewhich implies the Tax return to expenses in goods and services Specific of the foreign tourists.

The measure is included in the new Tax Reform Law, promulgated on Thursday, January 16 by President Luiz Inacio Lula Da Silva, and must begin to be implemented with the public and private sector Throughout 2025.

The measure was defined as “a milestone for Brazil”, which thus takes another step in the Attraction of foreign tourism by returning taxes on expenses in the national territory.

In Rio de Janeiro, who had already approved the measure in a regional decision, the authorities work to incorporate the tax free As of July of this year in a specific segment of acquired goods.

It is estimated that Tourists can save up to 22% of total expenses With the return of taxes at the end of their vacations, according to market studies in the tourism sector.

“The Free Tax for foreign tourists is already a measure adopted by the main countries of the world. Adopting this policy here makes Brazil more competitive to attract tourists And it will make more and more what we produce in our country, from our industry to our crafts, ”said the president of the Brazilian International Tourism Promotion Agency (Embratur), Marcelo Freixo.

The program that allows the return of taxes to foreign tourists constitutes an additional incentive for those who wish to visit Brazil, and aims stimulate tourismstrengthen the local economy and generate more jobs and income in the country.

This measure is believed, could increase the number of tourists who visit Brazil, which in 2024 reached a New record of 6,657,377 visitorswhich represented a significant increase of 12.6% compared to 2023.

At the beginning of January, the state of Rio de Janeiro had announced the intention of incorporating the return of taxes to foreign tourists who are a maximum of 90 days in the country.

According to the presidency of Brazil, a study conducted by the Institute for Research and Analysis of Rio de Janeiro revealed that the implementation of the Tax Free program in Brazil has potential for Inject more than 2,000 million reaisabout 330 million dollars, in the national economy.

According to the text approved by the Congress and promulgated by the President, the return of taxes included in the goods acquired by foreign tourists should stimulate consumption in the domestic market.

In this context, the values ​​of the tax and services tax (IBS) and of the contribution to goods and services (CBS), which tax the material products, will be returned to the domiciled or resident visitors in the exteriorr that remain in Brazil for a period of less than 90 days.

For the Minister of Tourism, Celso Sabino, this decision of Congress and the Government “is a great step towards the growth of national tourism.”

“Offer the Tax Free program in Brazil for international visitors means Strengthen the competitiveness of our destinations. This represents more income for our economy, with the increase in income and employment generation, ”said the minister.