Understanding Shein's New Tax Policy and Aliexpress's Potential Discounts
Shein's new 'remessa conforme' policy has increased taxes for products over $50 to 92% and 20% for products under $50, complicating calculations for customers. Aliexpress may offer discounts and avoid the tax.
00:00:00 Shein has officially implemented the 'remessa conforme' policy, resulting in a significant increase in taxes for products above $50 and a 20% tax for products below $50. The new policy has complicated tax calculations for customers.
📦 Shein is the first company to implement 'remessa conforme' on their products.
💲 There are different tax percentages for products below and above $50.
🗓️ Shein officially started implementing 'remessa conforme' on September 14th.
00:02:06 Learn the calculation process for ICMS on products in Brazil, including the different tax rates and discounts applied, resulting in a final amount.
The video discusses the ICMS tax in Brazil, which is a percentage applied to the price of a product.
The ICMS tax rate increases to 20.48% when the price of the product is above 50 dollars.
The ICMS tax rate is lower, at 17%, when the price of the product is below 50 dollars.
00:04:12 Explanation of how the ICMS and import taxes are calculated on products purchased from the Aliexpress website for buyers in Minas Gerais, Brazil.
📦 When importing a product above $50, the total price is calculated by adding the product price, taxes, and ICMS.
💰 The ICMS tax rate for buyers from Minas Gerais is 17%, while for AliExpress buyers, it is 25%.
🧮 The import tax rate for products above $50 is 60%, calculated based on the product price minus any discounts.
00:06:20 Understanding the high import taxes for purchases over and under $50, with complaints of the tax percentage and proposed legislative changes.
📊 The video discusses the tax rates applied to imported goods, with a higher rate (92%) for items valued above $50.
💰 There is a proposal to increase the tax exemption threshold from $50 to $100, which has gained significant public support.
📝 The speaker criticizes the high import tax rates and expresses the need for a decrease in these rates.
00:08:29 Understanding the new tax rules for products above and below $50, with a potential 92% tax for products above $50. Some people find the changes positive, but there are concerns about potential issues with importing and increased costs.
📚 Products above $50 are subject to a 92% tax, while products below $50 are subject to a 20% tax.
📦 Some people find the tax modification on products below $50 beneficial, as it reduces the risk of importation due to potential higher taxes.
💰 There is uncertainty regarding the ICMS cost and discounts for purchases up to $50.
00:10:34 Aliexpress and Shein have different situations in terms of product pricing. The implementation of import taxes on Shein may hinder certain niches, making it impractical to purchase certain products. Aliexpress may delay implementation and seek a compromise with the government to lower taxes. The current promotion on Aliexpress offers good discounts without the 92% tax on purchases above $50.
💡 Aliexpress and Shein have different situations in terms of product pricing and availability.
🔍 Certain niches on Aliexpress are heavily affected by potential shipping changes.
🤔 There is a possibility of Aliexpress delaying the implementation of the new shipping policy.
00:12:42 Important information about taxes on AliExpress purchases over and under $50. No remessa conforme yet. Exciting tech products showcased.
The video discusses the issue of import taxes on products purchased from abroad.
The YouTuber advises viewers to consider purchasing products now instead of waiting, as they may be subject to import taxes in the future.
The video emphasizes that the 'remessa conforme' policy is not yet implemented on AliExpress and cautions about the possibility of products being taxed regardless of their value.
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