Type:NewsRegion:South AmericaLanguage:EnglishPublished:2025-01-11Last updated:2025-01-10Views:51Law No. 18,065, which modifies Law No. 13,296 of December 23, 2008, which establishes the tax treatment of the Motor Vehicle Property Tax (IPVA), was published in the Official Gazette of the State of São Paulo on December 19, 2024. This law came into force on January 1, 2025.The Law No. 18,065 enacts that:•Buses or trucks powered exclusively by hydrogen or natural gas, including biomethane, are exempt from the IPVA in the period between January 1, 2025, and December 31, 2029•Motor vehicles that run exclusively on hydrogen, or hybrids with an electric motor and a combustion engine that uses, alternatively or exclusively, ethanol, with a value not exceeding Brazilian reals (BRL) 250,000.00 or USD Contact us for full access