EN 
PT_BR 
The Chamber of Deputies approved, on December 8, the Bill 3042/21, which extends incentives through PADIS (Support Program for Technological Development of the Semiconductor Industry) until 2026, the current term of which ends in January 2022. The proposal will be sent to the Senate.
According to Padis rules, producing companies can appropriate financial credit calculated on what they effectively invested in research, development and innovation activities in the previous quarter.
To calculate the credits, a total of 13.1% of the amount invested is used, multiplying the result by 2.62. Research applications must be a minimum of 5% of gross revenue in the domestic market.
From January 1, 2025 to December 31, 2026, the calculation base will be equivalent to 12.3% of the invested amount and, to find the credits, the multiplication factor will be 2.46.
The document determines that research investment projects already approved by the government and authorized by the Federal Revenue Service remain in force, regardless of any specific administrative act.
“Increasingly, we will need semiconductors and only five countries concentrate production in the world: Japan, China, Taiwan, the United States and South Korea. The new technologies will place great demands on electronic circuits”, stated deputy Vitor Lippi (PSDB- SP), author of the project.
Read more: Renewing PADIS is vital to guarantee incentives in the R&D sector
Solar energy
The text also includes as PADIS beneficiaries the manufacturers of various parts, components and inputs used to manufacture photovoltaic solar panels.
For Lippi, the production of modules in Brazil has not been effectively stimulated by PADIS because, currently, the tax relief brought by the program only applies to solar panels as final products, not reaching the components necessary for their manufacture.
Source: Câmara de Notícias Agency
