Bolsonaro Lowers Import Taxes on Electronic Games Hardware

Bolsonaro had previouslyexpressed his interest in reducing the tax burden on these products since Brazil is a large market for the sector.

RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro has lowered taxes on the import of electronic games. The rates of the Tax on Industrialized Products (IPI) on consoles and video game machines, parts, and accessories that ranged from 20 to 50 percent, have been reduced to 16 to . . .

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