State of Rio de Janeiro regulates the PEP-ICMS

The State of Rio de Janeiro this week regulated the Special Tax Credit Installment Program of the State of Rio de Janeiro (“PEP-ICMS”), which was instituted by Complementary Law No. 189/2020 and gives Rio de Janeiro taxpayers an interesting opportunity to regularize ICMS, IPVA and ITD debts, with reduced penalties and late charges.

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