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Really? The 60% rate applies only to individuals; companies generally pays much less and in the case of cellphones it currently stands at 18.1%. In which stat
by kawera 14y ago
Really?
The 60% rate applies only to individuals; companies generally pays much less and in the case of cellphones it currently stands at 18.1%.
In which state sales tax (ICMS) is 7%? Or even 15%? All the big states have ICMS rates north of 20%.
Industrial tax (IPI) for electronics is 8%.
- eduardordm 14y agoReally. Those are nominal values which exclude taxes being paid upfront, which leads to extensive reduction. The legislation is more than 600 pages long don't you think that a simple google search will get any useful answer.
- malandrew 14y agoNot really. Dealt with this myself. FOB is often 70%+ on electronics. Big companies (Intel, Dell, IBM, Cisco) usually solve the problems by building some stuff in market and some stuff out of market and then using the savings on their domestic stuff to bring the price of imported stuff down. They just spread the tax costs around and make a variable margin on everything to have things as reasonably priced across the board for customers.