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AUDIO VISUAL LAW - 8.685/93
USE OF INCOME TAX

The Audio Visual Law allows granting tax incentives to individuals and companies that acquire so-called Certificados de Investimento Audiovisual. This process allows the investment to be up to 100% deductible from the Income Tax, limited to 4% of the IR due, for legal entities. The disbursement can be deducted as an operating expense, excluding the amount invested in LALUR, reducing the calculation basis for the IR itself and the IR surcharge.