Law on Tax Incentives for Forest Conservation, No. 11,828

Law 11,828 establishes tax measures applicable to cash donations received by public financial institutions controlled by the Brazilian federal government and intended for actions of prevention, monitoring, and combating deforestation, including payment programs for environmental services, as well as for promoting conservation and sustainable use of Brazilian biomes. It initially established the suspension and later the exemption of the PIS/Pasep and COFINS contributions for these donations, with requirements for registration and identification of donors and segregated accounting to ensure the correct application of resources.