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Rouanet Law

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The Rouanet Law is a Brazilian law, named after Sérgio Paulo Rouanet , 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 .

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6-675: All projects must be approved by the Brazilian Ministry of Culture that examines technical feasibility of activities. Despite the pros, there is criticism against the law, which include 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

12-662: A new Ministry of Education and Culture. The dissolution of the ministry immediately sparked protests in numerous Brazilian cities, and included the occupation of the Gustavo Capanema Palace in Rio de Janeiro, and National Foundation of the Arts ( FUNARTE ) offices in Belo Horizonte, Brasília and São Paulo. Artists such as the singer Otto and Arnaldo Antunes participated in the protests. The Ministry of Culture

18-481: Is a law of incentive to the culture, the most important instrument of the ministry, frequently contested. In 1999, president Fernando Henrique Cardoso expanded the scope of the law, with more financial resources and a reorganization of its structure. Again, in 2003, president Luiz Inácio Lula da Silva restructured the ministry. The Ministry of Culture was dissolved again on 12 May 2016 by the acting president of Brazil , Michel Temer . Its functions were merged into

24-735: The National Arts Foundation 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 . The 2017 Legislative Suggestion Nº 49 requested the revocation of the law, but was rejected by the Human Rights Commission and Participatory Legislation of

30-604: The Senate, following the report of Senator Marta Suplicy . This article relating to the law of Brazil is a stub . You can help Misplaced Pages by expanding it . Ministry of Culture (Brazil) Recent elections The Ministry of Culture of Brazil ( Portuguese : Ministério da Cultura , MinC ) is a cabinet -level federal ministry created in 1985, in the first month of president's José Sarney government, dissolved by Jair Bolsonaro in 2019 and reinstated by Luiz Inácio Lula da Silva in 2023. In April 1990, it

36-442: Was dissolved by president Fernando Collor de Mello and transformed into a Culture Secretary, directly linked to the presidency. This situation was reverted two years later, but, in the meantime, in 1991, the law called popularly Lei Rouanet was created by the secretary of Culture, Sérgio Paulo Rouanet. It is a law that allows companies and individuals to sponsor cultural products, up to respectively 4% and 6% of their income tax. It

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