BNAmericas | March 24, 2011 | Matthew Malinowski
Brazil’s federal government could focus on generating favorable import-export tax conditions and boosting financing to effectively drive local IT production, ICT consultancy Gartner vice president Donald Feinberg told BNamericas.
This week, the country’s government announced plans to spur production of IT products such as tablets, PCs and modems, according to a communications ministry press release.
Communications minister Paulo Bernardo was quoted as saying by Bloomberg news service that new legislation will allow manufacturers to produce tablets locally without paying federal PIS and Cofins taxes.
According to government figures, roughly 50% of all IT equipment purchased annually in Brazil is produced in China.
To accelerate local production, Brazil also needs to overhaul its international import and export tax agreements, Feinberg said.
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