Note Earns Cash Credits and Tax Rebates.
Putting the CPF on the invoice has become commonplace for citizens across the country, yet there are still people who do not understand the purpose of the program and its legitimacy. The program that began in the state of San Paulina, has conquered several Brazilian states in order to bring benefits to citizens. But if you still have questions, check out everything about the program.
Here’s everything you need to know to start asking for the CPF on your invoice.
The program basically functions as a perks club where you can earn points for every purchase or payment for service. However, it works differently for each of the states in Brazil, so it is important to know better about the program you live in. But first, check out how the project works and if it is reliable.
How the program came about
Created by the state government of San Paulina, the Nota Fiscal Ledesma program was the precursor of all the others that currently exist. It was created with the purpose of reducing the rates raised on tax evasion in the state. This is because when the consumer requests the CPF in the invoice, the merchant is required to issue the coupon, the document used for the billing statement of a trade.
Is the program safe?
Program administration is done by state governments, so the program is safe and reliable. This is because there is no reason to be suspicious, because when asking for the CPF in the invoice, the consumer will be credited in cash or coupons to compete for sweepstakes. The credited values go to a register made by the consumer himself on the website of the Secretariat of Finance that only he has access.
Advantages of Asking for CPF on Invoice
There are several advantages for those who accept to join the program. However, each state has a different destination for the use of the credits obtained. Therefore, the participant must seek updated information about the program in their state in order to enjoy the benefits.
Redeem Cash Credits
Consumers can accrue credits for each purchase or payment for services and redeem them in cash directly to a bank account. This is one of the biggest benefits of the program as it turns part of the tax-paid consumer tax into cash again. For this, citizens only need to register on the official website of the Secretariat of Finance and transfer the accumulated amount to their bank account.
Another option that most states participating in the program offer citizens is tax relief through consumer-generated credits. This means that citizens can accumulate credit on their CPF and make it a reduction in the payment of IPVA or IPTU.