{"id":204359,"date":"2018-11-14T12:19:26","date_gmt":"2018-11-14T15:19:26","guid":{"rendered":"https:\/\/anba.com.br\/?p=204359"},"modified":"2019-06-30T12:39:51","modified_gmt":"2019-06-30T15:39:51","slug":"import-tax-drives-up-cost-of-domestic-made-goods","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/import-tax-drives-up-cost-of-domestic-made-goods\/","title":{"rendered":"Import tax drives up cost of domestic-made goods"},"content":{"rendered":"

Bras\u00edlia \u2013 An unprecedented study from Brazil\u2019s Institute for Applied Economic Research (Ipea) shows that an additional BRL 130 billion (USD 34 billion)are spent each year on services and processed and raw goods as a result of tax barriers. The amount concerns so-called \u201cactual assistance,\u201d which the Ipea describes as an estimate of net revenue indirectly received by domestic manufacturers and suppliers stemming from import tax protections. This enables them to charge higher prices domestically had the tariffs not been in place.<\/p>\n

\u201cThose BRL 130 billion aren\u2019t what\u2019s being collected by government, they\u2019re surplus revenue for producers because they can charge more for items sold in the country, since imported goods would be more expensive due to the tariff,\u201d explains the study\u2019s coordinator Fernando Ribeiro.<\/p>\n

As per a statement from Ipea, the process industry benefits from import taxes the most. \u201cActual assistance\u201d is stronger in manufacturing of automobiles, trucks and buses; clothing, accessories and textiles; biofuels; and computers, electronics and optics. The study shows that services and the building and extraction industries do not benefit from tax barriers.<\/p>\n

Translated by Gabriel Pomerancblum<\/strong><\/p>\n

Marcelo Camargo\/Ag\u00eancia Brasil<\/div>\n","protected":false},"excerpt":{"rendered":"

A study from Brazil\u2019s Institute for Applied Economic Research (Ipea) shows that Brazilians spend an additional USD 34 billion per year on goods and services as a consequence of tax barriers.<\/p>\n","protected":false},"author":2315,"featured_media":204356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[6069,178,28984,311,6068,6070],"class_list":{"0":"post-204359","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-import-tax","9":"tag-importacao","10":"tag-imposto-de-importacao-en","11":"tag-ipea","12":"tag-tax","13":"tag-tax-barriers"},"wps_subtitle":"A study from Brazil\u2019s Institute for Applied Economic Research (Ipea) shows that Brazilians spend an additional USD 34 billion per year on goods and services as a consequence of tax barriers. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/204359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=204359"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/204359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/204356"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=204359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=204359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=204359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}