The ProAtivo Program offers a unique opportunity for ICMS taxpayers in the State of São Paulo to enhance the liquidity of accumulated tax credits and streamline their utilization.

Implemented through periodic rounds of authorization for the transfer of accumulated credits, the ProAtivo Program establishes global values, monthly limits, and utilization periods, creating a transparent and organized environment for taxpayers. During each round, interested parties must submit their requests for participation via the SIPET system.

Once the request is approved, the requested amount is reserved in the accumulated credit current account, with a specific record in the e-CredAc system. It is the taxpayer's responsibility to access the system and complete the transfer within the defined period.

Failure to complete the transfer within the specified timeframe will result in the cancellation of authorizations, and the reserved amount will be returned to the current account.                                                                   

Ricardo Zanni Verdi, Tax Consultant at FFA São Paulo.