Created by São Paulo Law No. 18,095/2024, the new Incentivized Installment Program (PPI 2024) was created to encourage the regularization of tax and non-tax debts, whether constituted or not, registered or not in active debt, filed or to be filed, as long as the respective generating facts occurred until December 31, 2023.
Tax debts from other ongoing installments may be transferred to the PPI 2024, in which case the discounts originally granted will be lost.
Discounts vary depending on the payment method and the nature of the debt involved. For tax debts, the largest discounts are 45% on interest and 35% on fines for payments made in 61 to 120 installments. If paid in a single installment, fines and interest can be discounted by 95%.
Debts arising from contractual obligations, violations of environmental legislation, or non-compliance with SIMPLES rules will not be eligible for PPI 2024.
Adherence to PPI 2024 may be made from 04/26/2024 to 06/28/2024, and will imply the withdrawal of discussion of the respective matters, both administratively and judicially.
