Wednesday, October 15, 2014

How much are the taxes!


Atacadão is similar to Costco except 

it~s merchandise is mostly basic.



Pineapple is near the end of season.
Watermelon is at the beginning of season. Don~t buy it yet.


Sack of orange is R$9.90. Coconut is R$1.33 each.
US Dollar equals
2.44 Brazilian Real



Panettone is very popular here. A must eat in X~mas.


This is the real reason that I am here.



Three cartons of Marlboro cigarettes cost R$190.50 about US$78.18 or Canadian $87.73, even cheaper than duty free shops.
It is Canadian $29.24 here vs CAN$110 in Canada.
How can they be so cheap! They did not come from China!

*****

The prices you see is the final price you pay!

Sugar 32% Rice 17% Coffee 20% Beef 17% Cereal 34% Chicken 17% Fruits 22% Milk 19% Margarine 36% Eggs 21% French Bread 17% Fish 34% Cheese 17% Cold drinks 45% salt 15%

A family spends R$387 a month pays 27% R$104 taxes.


Taxes on Goods and Services — ICMS — Impostos Sobre Circulação de Mercadorias e Prestação de Serviços

While there is no sales tax per se in Brazil, every manufacturer, distributor, retailer or provider of almost every type of merchandise or service pays the state ICMS and passes the cost along to the consumer. While there are some exemptions (mainly pertaining to goods bound for exportation, raw minerals and interstate transmission of electricity and fuels), the only exemption that really impacts consumers is an exemption on newspapers, magazines and books.

Because this tax is largely a "hidden" tax—in that it is not noted on any receipt nor directly on the price of the goods—most Brazilian consumers have no idea how much  the ICMS is actually costing them. The following chart provides a partial listing of various items and services together with an average percentage of their total cost that is directly attributable to the ICMS:

powdered chocolate
37.84%
 gasoline
53.03%
 rice
18.00%
 pencil
36.19%
car (w/ 1.0 liter engine)
39.29%
 bed sheet
37.51%
cookies
38.50%
 books
16.72%
toys
41.98%
pasta/macaroni
21.52%
notebook (school)
36.19%
 table
30.57%
coffee
36.52%
 microwave oven
56.99%
footwear
37.37%
 tomato sauce
36.66%
bed
30.57%
 toilet paper
40.50%
pen
46.69%
 plants/flowers
14.64%
beef
18.67%
 cymbals
44.76%
house (average)
49.02%
soda pop
47.00%
beer (canned)
56.00%
clothes
37.84%
cigarettes
81.98%
powdered soap
42.27%
computer
38.00%
bath soap
42.00%
water service (utility)
29.83%
sofa
34.50%
deodorant
47.25%
telephone service
45.65%
detergent
40.50%
bricks
34.23%
DVD
51.69%
television
46.14%
stove/oven
47.25%
wine
47.20%
fruit
22.98%
cough syrup
36.00%

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