๐ฆ Shein is the first company to implement 'remessa conforme' on their products.
๐ฒ There are different tax percentages for products below and above $50.
๐๏ธ Shein officially started implementing 'remessa conforme' on September 14th.
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.
๐ฆ When importing a product above $50, the total price is calculated by adding the product price, taxes, and ICMS.
๐ฐ The ICMS tax rate for buyers from Minas Gerais is 17%, while for AliExpress buyers, it is 25%.
๐งฎ The import tax rate for products above $50 is 60%, calculated based on the product price minus any discounts.
๐ The video discusses the tax rates applied to imported goods, with a higher rate (92%) for items valued above $50.
๐ฐ There is a proposal to increase the tax exemption threshold from $50 to $100, which has gained significant public support.
๐ The speaker criticizes the high import tax rates and expresses the need for a decrease in these rates.
๐ Products above $50 are subject to a 92% tax, while products below $50 are subject to a 20% tax.
๐ฆ Some people find the tax modification on products below $50 beneficial, as it reduces the risk of importation due to potential higher taxes.
๐ฐ There is uncertainty regarding the ICMS cost and discounts for purchases up to $50.
๐ก Aliexpress and Shein have different situations in terms of product pricing and availability.
๐ Certain niches on Aliexpress are heavily affected by potential shipping changes.
๐ค There is a possibility of Aliexpress delaying the implementation of the new shipping policy.
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.