24.05.2011 16:20 Uhr, Quelle: MacNN

Brazilian government enacts tax break for tablet makers

Brazilian president Dilma Rousseff has signed a provisional measure exempting tablet makers from 9.25 percent in social security taxes, while also reducing the IPI industrial production tax from 15 to 3 percent, according to Forbes. The burden on government funding is being accepted to attract Foxconn, the Taiwan-based manufacturer which is preparing to invest $12 billion in São Paulo facilities to assemble Apple products for both local and international markets, with an emphasis on the Americas. Tax breaks were one of several demands from Foxconn before it would e

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