PGFN extends deadline for settlement agreements to April 29

By Ordinance No. 1,701/2022, the National Treasury Attorney-General’s Office (Procuradoria Geral da Fazenda Nacional, or PGFN) has extended to April 29 the deadline for taking part in the settlement agreements that grant discounts, easy entry and a broad deadline for payment.

These agreements allow the taxpayer who conforms to the cases described by law to legalize their tax situation before PFGN. The discounts on fines, interest rates and fees may come up to 100%.

Debts registered as overdue tax liability before the Federal Government, and FGTS can be negotiated until February 25, 2022.

The main transactions in this situation are Funrural, extraordinary, exceptional, exceptional for rural and land debts, registered as overdue liability of small value, FGTS, and Emergency Program for the Reactivation of the Event Industry transactions.

In the last two years, transaction in regard to debts registered as overdue tax liabilities has been a strategy adopted by the administration in order to promote the overcoming of the economic-financial crisis intensified by the pandemic.