Alana Dahrouj
Lawyer at Marcos Martins Advogados
The Office of the Attorney General of the National Treasury ( PGFN ) has extended until December 29th of this year the deadline for adherence to the federal active debt transaction modalities.
In addition to making it possible to pay the debt within an extended period of time, the PGFN provides some benefits, such as the possibility of making an installment payment with a reduced down payment.
For companies with active federal debt, here are the two best-known methods:
EXCEPTIONAL TRANSACTION: this type of transaction allows federal debt to be paid in installments under the following conditions:
– 4% down payment on the amount of the debt, which can be paid in installments over up to 12 months;
– Installment payment of the remaining balance in up to 72 months, with discounts of up to 100% on fines, interest and financial charges, respecting the limit of up to 50% of the total amount of the debt, also considering the taxpayer’s ability to pay;
EXTRAORDINARY TRANSACTION: the conditions for this type of transaction are as follows:
– 1% down payment on the amount of the debt, which can be paid in up to 3 months;
– Installment payment of the remaining balance in up to 81 months, with no discounts.
In both cases, in the case of social security debts, installments can be made in up to a maximum of 60 installments.
The conditions may change depending on the peculiarities of each case, such as, for example, reparcelling the debt, where there may be an increase in the down payment percentage.
The tax team at Marcos Martins Advogados has extensive experience in strategic analysis and planning to adapt the payment of tax debts to the cash flow of companies, and is available to any interested parties to answer questions about this important opportunity.
