In the name of industry, the government raises the IPI tax on motorcycles and electronics.
Brazilian Federal Revenue Service raises the tax rate on Industrialized Products (IPI) to 35% for the sale of motorcycles and domestically produced and imported air conditioners and microwaves, in order to protect the national industry.
Agency Brazil The Brazilian Federal Revenue Service has increased the tax rate for the Tax on Industrialized Products (IPI) to 35% for the sale of motorcycles and domestically produced and imported air conditioners and microwaves. Products manufactured in the Manaus Free Trade Zone are exempt.
The decision was published in today's (31) Official Gazette of the Union and unifies the rates which, until now, were 20% for air conditioners, 30% for microwaves and 15% for motorcycles up to 50 cc. Above that engine size, they collected 25%. Motorcycles manufactured in Manaus continue with a rate of 20%.
The Undersecretary for Taxation and Litigation, Sandro Vargas Serpa, said that the change aims to protect the national industry, since the rates did not reflect a tax burden consistent with that of national and imported products. Asked if it was to protect the national industry from Chinese products, he stressed that several countries (without specifying which ones) manage to obtain lower prices in the Brazilian market than national products.