WHO CAN ENCOURAGE?
Any taxpayer, individual, who files a complete income tax return can support a project authorized to raise funds under the Rouanet Law.
AS?
Individuals can allocate up to 6% of their total income tax due to culture. The deduction is made through the Income Tax Return in the following tax year. The 6% limit must also include any allocations to the Children's and Adolescents' Rights Fund, the Elderly Fund, the Audiovisual Activity Incentive Fund, and the Sports Incentive Fund.
1.
DONATION
You make a donation to the ongoing project, in a specific account at Banco do Brasil, and receive a receipt from the Mercosul Biennial Foundation, a Patronage receipt.
2.
DECLARATION
You report the donation amount on your income tax return, within the tax period in which the contribution was made.
3.
DEDUCTION
The amount invested is compensated by the Government (up to 6% of the total income tax due).
How can I find out project information?
This and other information is available on VERSALIC - the Cultural Incentive Laws Support System Visualization Portal . Type "14th Mercosur Visual Arts Biennial" in the search engine.
How can I be sure that the amount will be deducted from my income tax due?
For the establishment of the Federal Law of Incentive to Culture, also called the Rouanet Law (Law No. 8,313/91)
Where should I report the incentive on my Income Tax return?
The declaration form presents a specific item for the deduction.