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Numbers Reveal Drastic Drop In Sales, Taxes On Imports Set To Increase In 2025!

Written by Paulo Nogueira
Published on 02/12/2024 at 20:24
taxas, tributos, contribuições;
Imagem Youtube: ©️ Josué Aragão
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In Brazil, it is common for people to look for ways to reduce the payment of taxes on international purchases. However, the government has been working to minimize this practice. As a result, international purchases in the country have decreased considerably in recent times.

Furthermore, the government has also reinforced oversight over the fees and taxes paid by companies that make international purchases. This has led to a significant reduction in the number of purchases made outside the country. Contributions are also an important factor in this scenario, as companies need to stay current with them to avoid legal problems.

Understand How Abusive Taxes Affect Your International Purchases

Do you remember when shopping on foreign sites like Shein, Shopee, and Aliexpress was a great option due to the affordable prices? However, now those products are no longer as cheap, and this is not due to an increase in product prices, but rather to the implementation of abusive fees and taxes by the government on these purchases. This means that now you and I will have to pay the price of these abusive taxes when buying products on these sites.

YouTube Video

This situation is a result of the Remittance Program Created by the Pro Development Institute of Brazilian retail (IDV) in partnership with the government. This program imposes a tax of 92% on purchases over R$ 50 and 44% on purchases under R$ 50, completely discouraging international purchases in the country. Additionally, there are plans to increase these taxes even further, taking advantage of the distraction caused by the year-end holidays.

It is important to understand how these measures impact Brazilian retail and how they affect the population. While some people benefit from these measures, many Brazilians are being penalized with abusive taxes. To better understand this situation, it is essential to analyze how the government spends the collected money and how this affects the country’s economy.

The Government’s Revenue Collection Machine and Its Effects

The Lula government has been criticized for its spending habits, without considering the long-term consequences. With a gross debt of R$ 9 trillion, the government needs to find ways to balance the budget, and this often means raising taxes. However, this approach penalizes the poor, who are already burdened with taxes and fees.

The Remittance Program is an example of this, as it is an easy way for the government to raise money, but it ultimately makes international purchases unfeasible for Brazilians. With taxes of 92% on purchases over R$ 50 and 44% on purchases under R$ 50, products that were once affordable have now become prohibitive.

To better understand this situation, it is essential to analyze how the government spends the collected money and how this affects the country’s economy. Furthermore, it is important to consider the long-term consequences of these measures and how they affect the population.

Long-Term Consequences

The long-term consequences of these measures are concerning. With abusive taxes and high fees, international purchases become unfeasible, which can negatively impact the economy of the country. Additionally, the government’s approach to raising taxes may lead to an economic recession and a decrease in the country’s competitiveness.

It is important that Brazilians are aware of these measures and their long-term consequences. Moreover, it is essential that the government acts responsibly and considers the outcomes of its decisions. Only then can a healthy economic environment and fiscal justice for all be created.

Source: ©️ Josué Aragão

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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