The Secretariat of Finance opens this Wednesday, January 13, the adhesions to the Special Installment Program (PEP) of the ICMS and to the Debt Installment Program (PPD). São Paulo taxpayers have a term of up to 1/29 to take advantage of the opportunity to settle or split ICMS, IPVA and ITCMD debts with the benefit of a reduction in the amount of the fine and interest.

In the ICMS PEP it is possible to regularize registered and non-registered debts in active debt. To register, companies must access the website www.pepdoicms.sp.gov.br and log in to the system with the same password used in the Electronic Fiscal Post (PFE). The PPD allows the settlement of debts registered in active debt of IPVA, ITCMD, fees of any kind and origin, judicial fee, administrative fines of a non-tax nature, contractual fines and criminal fines. Adhesions can be made through the website www.ppd2015.sp.gov.br.

In both installment programs, debts must arise from taxable events occurring up to December 31, 2014. See below the benefits of PEP and PPD:
ICMS Special Installment Program (PEP)

Payment	Financial additions	Discounts on interest and fines
all at once	-	- 60% reduction in interest - 75% reduction in the amount of punitive and moratorium fines
Up to 24 months	1% per month	- 50% reduction in the amount of punitive and moratorium fines - 40% reduction in interest
From 25 to 60 months	1,40% per month
From 61 to 120 months	1,80% per month

Debt Installment Program - PPD (IPVA, ITCMD and Fees)

Payment	Financial additions	Tax Debt	Non-tax debt
all at once	-	- 75% reduction in the amount of punitive and moratorium fines - 60% reduction in interest	- 75% reduction in the updated amount of late payment charges
In up to 24 installments	1% per month	- 50% reduction in the amount of punitive and moratorium fines - 40% reduction in interest	- 50% reduction in the updated amount of late payment charges

 

Source: SEFAZ-SP (13/01)