IPVA: see what happens if you don't pay on time!

In Brazil, it is mandatory to pay the IPVA, that is, if the owner of the vehicle does not pay said tax, he may suffer consequences. Therefore, if the taxpayer does not pay on time, he may be prevented from licensing the vehicle, in addition to being subject to fines, seizure and even enrollment in the State's active debt.

Understand more about what happens to those who do not pay the IPVA. Keep reading!

What is the IPVA?

Find out more about what IPVA is

The IPVA, acronym for Property Tax on Motor Vehicles, is a tax that must be paid annually by vehicle owners. vehicles, except for those who are entitled to exemption from payment. It was instituted in 1986 to replace the Single Collection Rate (TRU), created in 1969 by former President Médici, and is mandatory. However, it varies by state and type of vehicle and is usually calculated based on the vehicle's value (market price).

In addition, in order to arrive at the final amount of the tax, the driver must multiply the market value of his vehicle by the rate determined by the State where he resides and divide by 100. Thus, the amounts collected with this tax are divided as follows: 40% of the total amount is allocated to the state government, 40% to the municipal government and the remaining 20% ​​is allocated to Fundeb.

After all, what happens to those who do not pay the IPVA?

Find out what can happen to those who do not pay the IPVA on time

As stated earlier, payment of this tax is mandatory. Therefore, if you do not pay, the owner of the vehicle may suffer some consequences. Among them, the addition of a fine per day of delay and monthly interest equivalent to the Selic rate or 1%, whichever is greater. In addition, the driver can also have his CPF entered in the credit protection bodies and, if he does not pay the IPVA, he will not be able to license the vehicle. In other words, it cannot, therefore, travel on public roads.