O Motor Vehicle Ownership Tax (IPVA) is an annual tax obligation that applies to owners of cars, motorcycles, buses, trucks or vans throughout Brazil.
Many questions arise about this tax, and one of the questions is whether the elderly people are exempt. Brazilian citizens aged 60 or over are not covered by any exemption or discount on the payment of IPVA.
see more
80% of Brazilians would have even more debt if installment payments were made without…
'Most beautiful ship in the world' arrives in Brazil and you can…
There is a Bill (PL) No. 2937/202 in progress that seeks to grant exemption from the Tax on Industrialized Products (IPI) on the purchase of new cars for the elderly.
(Image: disclosure)
The proposal was presented by federal deputy Alexandre Frota (PSDB/SP) to promote incentives for the automobile industry and, simultaneously, stimulate the growth of the Brazilian economy.
However, it is important to monitor the project's evolution to know whether it will be approved and implemented as an effective measure to support elderly people when purchasing cars.
It is important to highlight that the payment of IPVA is linked to the date of manufacture of the vehicles, and the tax exemption varies according to each Brazilian state.
Generally, most states grant this benefit to cars that are more than 15 years old, as follows:
Federal District;
Amazon;
Bahia;
Ceará;
Holy Spirit;
Goiás;
Maranhão;
For;
Paraíba;
Piauí;
Rio de Janeiro;
Rondônia;
Sergipe.
This exemption policy for older vehicles aims to alleviate the tax burden on older cars. old, which generally have less market value and may be owned by people with less power purchasing.
Therefore, owners of vehicles Under these conditions, they can take advantage of this advantage, as long as they are aware of the specific exemption rules in their state of residence.
At Trezeme Digital, we understand the importance of effective communication. We know that every word matters, which is why we strive to deliver content that is relevant, engaging and personalized to meet your needs.