Check what you get by informing the CPF of your purchase receipt

Do you usually require the CPF number to be placed on the invoice after purchase? Many Brazilian states adopt this procedure to offer some advantages to taxpayers. However, the reasons behind this practice remain a real mystery to many people.

see also: Understand why your card limit is not increased and how to solve it

Understand what they mean and whether or not it is worth informing the CPF on the note during the purchase of the supermarket or in any other commercial establishment.

What is the benefit of adding CPF to an invoice?

The Individual Taxpayer Identification Number (CPF) is the personal and individual identification of every Brazilian. Therefore, reporting the CPF on the invoice is a way to allow customer identification for that specific purchase. When this happens, the reason is usually to obtain some type of tax benefit through special state government programs.

In São Paulo and some other states, by informing the CPF on the invoice, the state is able to better control the commerce tax taxes. This is done through the Goods and Services Circulation Tax (ICMS).

To encourage consumers to adopt this practice, the government offers some programs that provide value to taxpayers. Thus, it will be as if a percentage of the tax collection goes back to the consumer. There may be other advantages as well.

More advantages in CPF notification in note

1 – Discounts

In both São Paulo and Rondônia, residents can inform their CPF at the time of purchase to receive discounts. Amounts can be deducted, for example, when paying the motor vehicle property tax (IPVA). There are countries that use the same strategy for an urban territorial property tax (IPTU).

2 – Withdrawals

As mentioned earlier, there is also the possibility of refunding a percentage of the amount spent on the purchase for which the CPF was reported.

3 – Prizes

By adding the CPF to the bill, the taxpayer can compete for the monthly prizes drawn by the lottery. The amounts range from R$5,000 to R$1 million.