BOLSONARO LOWERS TAXES ON ELECTRONIC GAMES

RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro has lowered Taxes on the import of electronic Games. The rates of the Tax on Industrialized Products (IPI) on consoles and video game machines, parts, and accessories that ranged from 20 percent to 50 percent, have now been reduced to . . . To read the full […] The post Bolsonaro Lowers Taxes on Electronic Games appeared first on The Rio Times.

TheRioTimes.com (Date:08/16/2019 08:19) Read full article >>

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Games: A game is structured playing, usually undertaken for enjoyment and sometimes used as an educational tool. Games are distinct from work, which is usually carried out for remuneration, and from art, which is more often an expression of aesthetic or ideological elements. However, the distinction is not
Times: Multiplication is the mathematical operation of scaling one number by another. It is one of the four basic operations in elementary arithmetic .
Taxes: A tax is a financial charge or other levy imposed upon a taxpayer by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many administrative divisions. Taxes consist of direct or indirect taxes and may be paid in money or as its