4 ms·
Having been personally unable to justify the astronomical price of buying a replacement laptop while in Brazil, I assume Amazon is complying with tax policies:
by havelhovel 6y ago
Having been personally unable to justify the astronomical price of buying a replacement laptop while in Brazil, I assume Amazon is complying with tax policies:
“Import costs include the Import Duty (II), the Merchandise and Service Circulation tax (ICMS) and the Brazilian Federal Value-Added Tax on Manufactured Products (IPI). Import duty is a federal product-specific tax levied on a CIF (Cost, Insurance, and Freight) basis. Rates usually vary between 10% and 35%. The IPI is a tax levied on finished products (whether foreign or domestic), resulting from some sort of industrial process. The IPI is not considered a cost for the importer, since the value is credited back to the importer. IPI rates range between 0% and 15%. The ICMS is the VAT levied by states and applies to the legal, physical, or economic circulation of goods, whether imported or not, the services of transportation and telecommunications.”
https://santandertrade.com/en/portal/international-shipments/brazil/customs-procedures https://santandertrade.com/en/portal/international-shipments...