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Through your page on Facebook, President Jair Messias Bolsonaro announced the reduction of IPI (Tax on Industrialized Products) above three categories of video games. The reduction will affect the consoles themselves, the parts and accessories of the consoles, and also the machines that have a built-in screen, portable or not.
According to the post, the discount will be published in the Union Official Gazette tomorrow October 27.
It is important to note that the IPI is not the only tax on games in the country. Electronic games are also subject to PIS, Cofins, ICMS, and in some cases, import taxes. Although many of the physical media are produced today in Brazil, the country no longer has console manufacturing, therefore, the current models of Play station me Xboxincluding Playstation 5 me X series, are subject to import tax.
The president’s track record with tax cuts is not recent and has already gained traction on a few occasions. In 2019, he even called Fallen, Brazilian world champion CS: GO, to claim that it would reduce taxes on games.
In the same year, the IPI above consoles dropped from 50% to 40%. At the time, the cut was reflected in the prices of the PlayStation 4 and its accessories. In October 2020, the president said again that he would lower the rate another 10%, a promise that was fulfilled, according to his new announcement.
The issue has returned to the center of attention in recent weeks after a series of interviews with Kim kataguiri, a federal deputy who promised to cut taxes on top of games. Subsequently, the hashtag #AbaixeImpostoGamer reached the most talked about topics on social networks, dealing precisely with a proposal by Kataguiri to cut the IPI rate in these products.
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