The government has raised the PIS/COFINS import tax (it is not technically a tax, but a social contribution).
This is applicable, in short, to all kinds of products to be imported from now on. The increase is of about 2%, in average. Some classes of products are subject to different rates.
Since the PIS/COFINS is applicable at the end of the calculation, after the import tax and the industrialized products tax has already been levied, the final increase in the price may reach 4% or 5%.
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