The Rouanet Law is a Brazilian law named after

Sérgio Paulo Rouanet Sérgio Paulo Rouanet (23 February 1934 – 3 July 2022) was a Brazilian diplomat, philosopher, essayist, and scholar. He was the national Secretary of Culture between 1991 and 1992, and in his tenure he created the ''Lei de Incentivo à Cultu ...

whose role is providing monetary funds for use in art and culture, including the production of movies. It is intended to encourage cultural investments and its major highlight is the tax incentive policy that enables companies and citizens to deduct a portion of income tax. All projects must be approved by the Brazilian Ministry of Culture that examines technical feasibility of activities.

Controversies

Despite the pros, there is criticism against the law, which includes the possibility of funds being misappropriated. Critics also argue that the Ministry, rather than directly investing in culture, began to let companies themselves decide which kind of culture deserved to be sponsored. The government's incentives to culture sums up to R$310 million (approximately US$82 million), in which R$30 million (U$8 million) goes to the and R$280 million (U$74 million) to the Rouanet Law, while the tax incentive no longer collects R$1 billion (US$263 million) to the Treasury. In 2018, an attempt to revoke the Rouanet Law ruled the

Federal Senate A senate is a deliberative assembly, often the upper house or chamber of a bicameral legislature. Senate or the Senate may also refer to: * Any one of the national senates in the world, including ** The Brazilian Senate ** The United States Sen ...

. The 2017 Legislative Suggestion Nº 49 requested the revocation of the law, but was rejected by the Human Rights Commission and Participatory Legislation of the Senate, following the report of Senator

Marta Suplicy Marta Teresa Smith de Vasconcellos Suplicy (; born 18 March 1945) is a Brazilian politician and psychologist. She was Mayor of São Paulo from 2001 to 2004. She later served as the Brazilian Minister of Tourism between 14 March 2007, and 4 Jun ...

References

External links

Official website

Ministry of Culture

Corruption Allegations
Brazilian legislation Income taxes Tax legislation {{Brazil-law-stub