As from today (May 23, 2011), the Brazilian Government has granted Tables the status of "computing machines" or "computers". In this quality, they are automatically included in the special Tax regimen for electronic goods (created by Brazilian federal Act n. 11.196 from 2005).
The practical consequence is a substantial tax reduction on the production and distribution of such items.
The catch is: Only Tables produced in Brazil are recognized as computers. (This seems juridically wrong on many levels and I wonder if this will ever be discussed in the WTO. But we must work with the facts)
This decision has a clear destination: Foxconn, which has announced its plans to invest in Brazil (much to the benefit of China Brazil political relationship, I must add).
What do you think about it?
Nenhum comentário:
Postar um comentário
Do you have any doubts or suggestions? Leave your message (the comments shall not be considered as legal advice)