ICMS/RJ: Companies entitled to tax benefits must update their records by August 8 

Taxable entities operating in Rio de Janeiro must provide information on their eligibility status and compliance with tax breaks and reliefs 

On July 8, the Rio de Janeiro State Department of Finance (Sefaz-RJ) issued Resolution No. 675/2024, requiring legal entities operating in Rio de Janeiro to update their corporate records if they are entitled to non-general ICMS tax benefits. The benefits that must be reported are those that are not generally applicable to all taxable entities but are specifically granted to certain companies. 

Companies that utilize the tax breaks and reliefs listed in the resolution are required to submit data to the state tax authorities regarding their eligibility and compliance status. There are a total of 47 regulations to be observed, covering industries such as agribusiness, steel, fuel, petrochemical, energy, and many others. 

Registration method and deadline 

The registration update form has been available since July 10 and must be completed exclusively online through Sefaz-RJ's Digital Service System, as outlined in SSER Ordinance No. 368/2024.  

Companies must supply the required information by August 8, 2024. After this date, penalties may be imposed on taxable entities who report the use of tax benefits improperly in their Digital Tax Bookkeeping Records (EFD) without complying with the new requirements. These penalties will be enforced following prior notification through the Taxpayer's Electronic Domicile (DeC). 

Tax compliance 

Domingues e Pinho Contadores' team of experts provides comprehensive solutions for clients, including consultancy, preparation, and submission of required documentation. To rely on our support, please reach out to us at: dpc@dpc.com.br.