IPVA, ICMS and ITCMD debt renegotiation program is sanctioned in SE; discounts go up to 95% in interest and fines

According to him, the Tax Recovery Program (Refis), aimed at regularizing debts related to the Tax on Circulation of Goods and Services (ICMS), Tax on Motor Vehicle Ownership (IPVA) and Tax on Transmission Cause of Death and Donation (ITCMD), will have discounts of up to 95% on interest and fines and the possibility of paying in installments over up to seven years.

The law authorizing the measure was approved by the Legislative Assembly on November 5th. Taxpayers interested in regularizing their tax situation with the State Finance Department (Sefaz) have until December 18th to join the program.

The measure is aimed at citizens and companies that have tax issues and seek to bring their accounts up to date with the state tax authorities. Services and simulations can be carried out through official Sefaz channels.