Home Improvement and Gardening Stores in Brazil - New Market Study Published
In 2012, the Brazilian government announced the extension of the reduction in IPI (Industrialised Product Tax) to include home improvement materials, paint, sinks and sanitary products. The reduction was set to end in the first half of the year, but not only was it extended, it was also extended to new products such as wooding and laminate flooring. However, the reductions were a reaction to slowing growth resulting from fears of a global economic slowdown, and they were not sufficient...
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