Charitable social assistance entities – certified by the New Framework for Philanthropic Tax Immunity (Complementary Law 187/20210 -) are authorized to raise money through capitalization bonds. With this instrument, the consumer pays a monthly amount for the constitution of a capital and participates in sweepstakes. At the end of the term, he can redeem part or all of the accumulated, or even acquire goods and products.
Published in Official Diary of the Union This Thursday (5th), Law 14,332, of 2021, determines that the purchaser of a capitalization bond may assign the right of redemption to these entities. If you do not agree with the assignment, you must inform the capitalization company responsible for the security until the day before the first draw takes place.
The norm also determines that the resources obtained in the collection campaigns are used “exclusively in the activities of the social assistance entity, but with the possibility that part of them is spent on expenses with publicity and promotion of campaigns”.
