3 ms·
Does Brazil still have a 100% tariffs on foreign made electronics? And the US charges almost none to highly favoured nations ie. China. So $429 iPhone in the US
by yardie 5y ago
Does Brazil still have a 100% tariffs on foreign made electronics? And the US charges almost none to highly favoured nations ie. China. So $429 iPhone in the US will be over $800 after duties in Brazil. And this is not set by Apple but the Brazilian authorities.
- marc_io 5y agoThe taxes vary and are around 60% in the case of the iPhone. We have the ICMS in São Paulo (18%), the national tax on industrialized products (IPI – 15%) and the tax on imports (II – 16%). In addition to them, there is still PIS (2.10%) and Cofins (9.65%).