Brazil — Historical Events Description

Brazil flag
Brazil
Event
Leasing Tax Framework Enacted (Law No. 6,099)
Category
Economic
Date
1974-09-12
Country
Brazil
Description

The law structured how leasing transactions would be treated under Brazilian taxation, shaping an important financing method for acquiring equipment and assets. It helped define how leasing would function as a formal commercial mechanism under federal rules. This legal framework supported the growth of leasing as a financing option for businesses and consumers.