The Municipality of São Paulo has opened the deadline for adherence to the Incentive Debt Installment Program (PPI 2024), as provided for in Decree 63.341/2024.
Eligible for the installment plan are debts arising from tax and non-tax credits, whether or not they have been constituted, including those registered as active debt, filed or to be filed, with triggering events occurring up to December 31, 2023.
Tax debts remaining from ongoing installment payments may also be transferred to the PPI, however, in these cases, the benefits originally granted will no longer apply.
Check out more information!
Deadlines and membership criteria
Adherence to the plan will end on June 28, 2024. For cases of inclusion of remaining tax debts, membership must be completed by June 14, 2024. Joining the program will be done by applying on the São Paulo City Hall portal.
Joining the program implies recognition of the tax debts included in it, and the taxpayer must request the withdrawal of existing actions, challenges and defenses, proving the withdrawal requested within 60 days from the formalization of the application.
For legal entities, it is necessary to maintain the company’s headquarters in the Municipality of São Paulo throughout the installment payment period, under penalty of exclusion from the program.
Payment methods and discounts
The number of installments and discounts on penalties and legal additions in the case of tax debts (IPTU, ISS, ITBI, TFE, TFA, among others) are as follows:
For non-tax debts (ordinance fines), the discounts on penalties and legal increases are as follows:
It is worth mentioning that the discounts granted for fees do not apply in cases where the amount has already been set in court.
In cases of payment in installments, interest equivalent to the SELIC rate will be added, and the installment cannot be less than R$50.00 (fifty reais) for individuals and R$300.00 (three hundred reais) for legal entities.
Judicial deposits submitted as collateral for debts that will be included in the PPI can be used by the company, but can only be withdrawn to pay the debt, with any remaining balance remaining in the PPI 2024.
If you have any questions, our tax team is available to provide clarification and guidance on PPI 2024.
