Government to end tax exemption for purchases at Shein, Shopee and AliExpress 2t925

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The tax exemption on international purchases of up to US$ 50 or R$ 250 will end. Popular foreign retailers were directly affected

The Brazilian government announced that it will end the tax exemption for international purchases of up to US$ 50 — or R$ 250. This measure will directly affect companies such as Shein, AliExpress e Shopee, Asian retailers that are known for offering products at lower prices and free shipping, often from other countries. Among the arguments for the measure are the appreciation of the national market and prevention of the so-called “digital smuggling”, in which companies made purchases on behalf of individuals to avoid taxes. Understand now. 2k4zj

Most expensive international purchases n3820

This “digital smuggling” has already been evaluated for some time by the economic area, in which it is estimated to avoid around $ 8 billion in taxation on international retail platforms when using this maneuver against the Federal Revenue Service. Tax exemption for international purchases of up to US$ 50 was an old policy, created in 1991, and aimed to encourage international trade and Brazilian access to imported products.

Image: The Boston Globe

With the end of the exemption, all international purchases will be subject to the payment of taxes, which can significantly increase the final price of imported products. In addition, there is the possibility that the measure will generate an increase in the volume of seizures of smuggled products, since many consumers may choose to buy illegally to avoid paying taxes.

A Revenue understands that there will be an obligation to carry out advance and complete declarations of imports, offering the identification of the importer and exporter, including the possibility of being subject to a fine if incorrect or incomplete data is provided, as well as under-invoicing. There is also information, according to the Farm, that there will no longer be a distinction in the treatment of remittances between individuals and legal entities.

With this declaration made in advance, as soon as the goods arrive in Brazil, it would be sent directly to the consumer. In this way, the inspection of the Revenue would be more focused on shipments considered to be of greater risk, based on possible inconsistencies that are identified in the risk management systems.

Image: Federal Government

This last Thursday (6) the Minister of Finance, Fernando Haddadoffered an interview to BandNews TV and stated that there is no government forecast to change the import rate for foreign retailers. Currently taxation is 60% on the total purchase value, but according to the Revenue, it has not been effective.

If the shopkeeper here in Brazil is selling clothes, paying employees, paying taxes, paying Social Security, will he compete with a smuggler? No. Now, if the Chinese, American, French website, wherever it is, is within the law... We are not creating anything new, we are not increasing the rate.

Minister of Finance Fernando Haddad in an interview

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A AliExpress, online sales platform belonging to the group Alibaba and founded by Chinese businessman Jacks Ma, said he wants to double his bet on the Brazilian market. The company is already quite popular in Brazil and, according to Jack Ma, the intention is to increase its presence in the country and further expand the number of products offered to Brazilian consumers. He believes that the Brazilian market is strategic for the company's growth in Latin America and that the demand for imported products will remain strong in the country, despite the taxation.

Jack Ma, founder of AliExpress. Image: Caixin Global

Na Australia, for example, foreign companies such as eBay and Amazon expanded their business in the country by opening logistics hubs in prominent cities. The strategy made it possible for the products sold by these retailers to be taxed at a lower value, in addition to streamlining operations in the country and maintaining a competitiveness considered fair with the local market.

And you, what did you think of the news? Will it greatly impact your online shopping? Tell us in the comments!

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reviewed by Glaucon Vital in 12 / 4 / 23

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