CM Minute: ITCMD – The impact of a possible rate increase

This week, we are debuting “Minuto CM”, a conversation with our team about legal matters that is always relevant and current. In this first episode, our partner, Alamy Candido, explains the Proposed Law for the State of São Paulo that calls for changes to the levies imposed under the ITCMD (Tax on Inheritance and Donation of Property). Among the changes to existing law, PL 250/20 proposes an increase in tax rates, with a progressive scale that goes up to 8%. Justified by the need to bolster revenue, will this be an efficient solution? Check out the interview to find out more: