Brazil Senate Oks Tax Breaks For Computer Tablet Production
22 Settembre 2011 - 2:16AM
Dow Jones News
In a voice vote Wednesday, Brazil's senate gave final approval
to a measure offering tax breaks for national production of tablet
computers.
The bill, which offers manufacturers full exemption from the
country's PIS and Cofins tax, will be sent to President Dilma
Rousseff for signature.
According to government estimates, the tax breaks could help
reduce the final cost of tablets to consumers by more than 30%.
The measure was introduced by the government as part of a series
of incentives to attract foreign tablet manufacturers to the
country. In addition to exemption from the PIS and Cofins taxes,
the government has also pledged reductions in the IPI industrial
products tax and the II import tax.
Of a total of 12 million computers produced in Brazil last year,
only 100,000 were tablets.
Earlier this year Taiwanese computer manufacturer Foxconn
announced plans to produce Apple's iPad tablet in the Brazilian
city of Jundiai in Sao Paulo state. In addition to Foxconn
(2038.HK, 2354.TW), manufacturers Motorola (MMI) and Asus (ASUUY)
have also expressed interest in producing tablets locally.
In addition to tablets, Brazil has previously granted similar
tax breaks for manufacture of other computer-related items,
including personal computers, laptops, modems and peripheral
equipment.
-By Gerald Jeffris, Dow Jones Newswires; (5561) 3335-0832,
gerald.jeffris@dowjones.com
Grafico Azioni Motorola Solutions (NYSE:MSI)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Motorola Solutions (NYSE:MSI)
Storico
Da Lug 2023 a Lug 2024