The State of São Paulo, Rio de Janeiro and other states in Brazil, charged for long periods abusive interest on ICMS debts.
For example, in São Paulo they were common percentage of 3% per month, ie 36% per annum on overdue debts enrolled in outstanding debt or assessment notices. In Rio de Janeiro, interest was applied to 15% per month on overdue debts.
Our jobs involve the recalculation of debt, by identifying the appropriate reductions and the amount paid in excess as well as the legal grounds. The amounts paid in excess will be compensated in full and / or repaid debt. Recovery can be done even on already settled or debt installments.
Please contact our office and set up a meeting.