The Increase in IPVA Has Generated Questions from Brazilians, André Brunetta, Co-founder of the Zul+ App Talks About Payment Possibilities for the Tax.
The various states of Brazil have already started to publish the payment calendars for IPVA; however, several states have raised the tax amount, surprising vehicle owners. André Brunetta, co-founder of Zul+, an app for buying and activating rotational parking, states that due to this increase, several platforms have emerged promoting ease in paying the tax with installments.
Discounts, Deadlines, and Installments: Learn Everything About IPVA 2023
The Calculation of IPVA is Based on the Fipe Table
Through data collection, government agencies project that the IPVA (Tax on the Ownership of Motor Vehicles) in 2023 will become more expensive across Brazil.
The government indicated that in São Paulo the rate increased by 10.77% this year, with an estimated revenue of R$ 23.4 billion from the tax.
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In the states of Pará and Goiás, state governments reported that the rate is expected to rise by approximately 11.5% and 10%, respectively.
In Pará, according to information released by Sefa (State Department of Finance), the increase in the tax is based on Fipe (Foundation Institute of Research), which measures market values according to the brand and model of the vehicles.
It also indicates that the average price variation according to the taxable reference of IPVA was 11.54% in Pará.
In Goiás, the Department of Economy reported that it uses “the price of the vehicle evaluated by the Fipe table and applies a rate on top of this sale price according to the vehicle category.” According to the government, the state has maintained the same IPVA rates for eight years, and the tax increase in 2023 is motivated by the appreciation of used cars.
For André Brunetta, the Increase Was Expected. But for Victor Mahon, This Rise Will Weigh on Workers’ Pockets
“With the pandemic, automakers had problems delivering new cars, which heated up the used market,” says André Brunetta, Co-founder of the Zul+ app and Director of Innovation and Digital at Estapar, adding that the rise in IPVA was already expected, as it had been observed in 2022.
He also adds, “the loss of income and high interest rates have also reduced the purchasing power of Brazilians and made financing more expensive. All of this combined has caused the prices of cars to rise and, consequently, the IPVA.”
“In 2022, vehicles in general increased less than in 2021. Therefore, the IPVA will also rise slightly less. However, this does not mean that the tax will not weigh on the pocket. We can expect an average increase of around 10% this year, which is very heavy for the current context of high family indebtedness,” said Victor Mahon, CBO and partner at Zapay.


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