New Report Available: Home Laundry Appliances in Brazil
On 1 February 2013 the Brazilian government started to gradually increase the IPI on semi-automatic washing machines, from 0% to 2%, whilst automatic washing machines maintained the 10% rate. Both categories were supposed to return to their original tax levels of 10% and 20% respectively on 1 July, but the government once again postponed the measure, increasing the IPI for semi-automatic washing machines from 3.5% to 4.5%, and keeping automatic washing machines at a 10% tax rate until the end...
View full press release