Angelo Ambrizzi
Lawyer at Marcos Martins Advogados
The Federal Government has announced a number of tax measures aimed at reducing the economic impact of COVID-19 and enabling the maintenance of the source of production and the employment of workers.
Among the most important measures is the 90-day suspension of administrative charges, which include:
- Protest of Active Debt Certificate.
- Exclusion from installment plans due to late payments.
Another interesting measure is the extraordinary transaction that will be carried out by adhering to the proposal of the Attorney General’s Office, made available to all taxpayers.
This transaction proposes an installment payment of 1% of the total amount of the debt, which can be divided into up to 3 installments, and the rest of the debt can be paid in installments as follows:
- In up to 81 installments, with each installment being no less than R$ 500.00.
- In up to 97 installments, in the case of individual taxpayers, individual entrepreneurs, micro-enterprises or small businesses, with each installment being no less than R$ 100.00.
- In up to 57 installments, in the case of social contributions provided for in item “a” of item I and item II of the caput of art. 195 of the Constitution.
There is also an express guarantee that the collection of debts will be maintained. will be maintained, but guaranteeing that the collection of taxes does not interfere with the taxpayer’s ability to generate generation capacity of taxpayers.
We suggest that companies carry out a study of their tax liabilities in order to analyze the feasibility of adhering to this benefit.
Marcos Martins Advogados makes its tax team available for further clarification on the subject.
