Edible Apple

Foxconn receives tax breaks in Brazil; iPad production slated to commence soon

Foxconn, Apple’s largest manufacturing partner, recently received a few sought after tax breaks that will result in the Asian-based company opening up a plant in Brazil and manufacturing iPads. The Brazil-based Folha website reports: The determination provides for exemption or reduction of the IPI (Excise Tax), PIS and Cofins for companies investing in research and […]

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