PRO EXCLUSIVENASDAQ
Brazil Chamber Approves Generous AI Tax Credit Paired With Five-Year Local IP Mandate
Brazil Chamber Approves Generous AI Tax Credit Paired With Five-Year Local IP Mandate

A key commission in the Brazil Chamber of Deputies has approved a bill creating a new national policy to promote artificial intelligence (AI) with substantial tax incentives—provided that the resulting intellectual property (IP) remains locked in the country for at least five years. The Chamber’s Commission on Science, Technology and Innovation (CCTI) approved the 'Pontaria' bill, which aims to develop a homegrown Brazilian AI industry through significant R&D subsidies.
Get Brazil's market moves in your inbox
Free daily briefing — no spam, cancel anytime.