Yes, you’re looking at ~92% tax right there. Final price jumped from ~113 dollars (584BRL) to ~220 dollars.
EDIT: A bit of clarification, when buying from abroad there’s a flat 60% federal tax if the thing + shipping price surpasses 50 dollars. Then there’s a state tax that can vary between 17-25%, which goes on top of the total taxed value. Part of the tax is literally “tax of a tax”
From buying stuff from abroad in general. If it’s imported, it can be taxed. Before Haddad (current economy minister), it was a gamble whether you’d be taxed or not, most of the time you weren’t. Now, “to combat contraband”, Aliexpress gave the thumbs up to this fucking stupid idea.
Worked at a trade expo years ago. Talked to Brazilians. Another issue they ran into is corruption.
They were doing their best to temporarily export stuff to Europe, but there were endless delays in Brazil, and sudden and unforseen ‘extra fees’ that needed to be paid to get stuff out of the country.
Guy wasn’t even angry anymore. Just sad. His fellow countrymen were undermining a Brazilian business out of sheer greed.
Incredibly short sighted too.
That’s business. Cash now. The rest is fuck you, cash now.
That’s not business, that’s corruption. They’re not generating any added value like business does, they’re parasiting on it.
That’s just capitalism, then
Oh yeah great idea. To combat black market activity, let’s make the open market extremely expensive to use.