Comments on “Brazil keeps Cisco execs in big house” • Channel Register

Comments on: Brazil keeps Cisco execs in big house

Back to the article
Comments on this article are now closed

800m tax on 500m kit??? #

By Anonymous Coward Posted Monday 29th October 2007 18:07 GMT

How was the gov going to pull in $800m tax on $500m worth of kit? Is sales tax 160% in that area?

Frank

taxes #

By Anonymous Coward Posted Monday 29th October 2007 23:24 GMT

"... Is sales tax 160% in that area?... "

Don't know about sales or VAT, but I'm sure import duties are pretty stiff ...

Welcome to South America !!

Jr

taxes and fines #

By Anonymous Coward Posted Monday 29th October 2007 23:53 GMT

From what I gather it's that high minus whatever for the fines but it's SOP to not pay them, no one said they couldn't get caught. If you can't do business legally don't do business.

Do it all through a "middle man" and shower regularly = smell sweet ! #

By anthony bingham Posted Tuesday 30th October 2007 15:31 GMT

I am certain the Brazilian guy was Pedro Ripoff and the meddle ... sorry ...middle men are used precisely to negotiate the gloriously tangled Brazilian bureaucracy that can choke any foreign system and eventually Scew it ! I speak from experience with a major american oil company, so if in Rome ( read Brazil ) do the Romans !