Maintaining a vehicle involves significant costs, including taxes, insurance, regular maintenance and occasional repairs.
One of the taxes that weighs heavily on the owner's pocket is the Motor Vehicle Property Tax (IPVA). However, there are situations in which it is possible to obtain an exemption from this tax.
In this article, we will discuss the 2023 IPVA exemption, who can benefit from it and how to request the exemption.
About IPVA 2023
IPVA is a state tax charged annually to all motor vehicle owners.
The revenue generated is divided between the state and the municipality where the vehicle is registered.
The amount to be paid is calculated based on the vehicle's market value, that is, how much it is worth on the market, and the rates vary according to the state and type of vehicle.
In 2023, as in previous years, vehicle owners must prepare to pay this tax.
However, certain groups of people and vehicles may apply for exemption from this tax.
What is IPVA Exemption?
The IPVA exemption is a legal exemption from paying this tax. This means that, under certain conditions defined by law, the vehicle owner does not need to pay the IPVA.
Each state has its own rules for granting IPVA exemption, but they generally include people with disabilities, old vehicles, vehicles from non-profit institutions, among others.
Who is entitled to the 2023 IPVA Exemption?
For the year 2023, the rules for IPVA exemption remain basically the same.
The main beneficiaries of this exemption are people with disabilities, who own adapted or non-adapted vehicles, and owners of vehicles that are more than 15 or 20 years old, depending on the state.
Additionally, charities and non-profits can also benefit.
IPVA exemption for cars
In the case of cars, both new and used, the IPVA exemption for people with disabilities applies to vehicles that are driven by the person with a disability or by a driver designated by them.
In the case of older vehicles, the minimum age for exemption varies from 15 to 20 years, depending on state legislation.
Additionally, cars owned by charities and non-profits may also qualify for the exemption, as may vehicles owned by government entities.
IPVA exemption for motorcycles
Just like cars, motorcycles can also benefit from the IPVA exemption.
People with disabilities who have motorcycles adapted to their condition, or who have a regular motorcycle to be driven by a driver indicated by them, are also entitled to exemption.
Furthermore, motorcycles over 15 to 20 years old, depending on the state, may be exempt from paying IPVA.
And, just like with cars, non-profit institutions that own motorcycles can also apply for tax exemption.
How to request the 2023 IPVA Exemption?
The request for IPVA exemption must be made to the Finance Department of the state where the vehicle is registered.
The required documents vary by state, but generally include documents that prove the condition that gives the right to exemption (such as medical reports in the case of people with disabilities, for example) and vehicle documents.
It is important to remember that the exemption must be requested every year. Therefore, even if the vehicle owner obtained the exemption in 2022, for example, he must make a new request for the year 2023.
However, if you want to know more about how to get an IPVA exemption, read the article below that we have prepared for you!
