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Old 08-10-2014, 08:25 PM   #9
Antoinekamel
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Quote:
Originally Posted by eggheadbooks1 View Post
Ah, now I understand: the tax was not on the ebook but on the purchase transaction. This explains why Amazon opened a Kindle store in Brazil.

Does the IOF apply, then, to purchases of ebooks on, for example, Kobo or Google Play or Apple if they are not registered in Brazil?

How is the IOF charged? Does it appear on the final bill when the consumer finishes the transaction? It seems that the IOF fee does not have to be included in the displayed consumer price -- that is restricted to sales tax, correct?

Thank you for your information. It's been hugely helpful.
You're right. IOF appears directly on the credit card, and is not demonstrated by the vendor anywhere before the sale conclusion. IOF is equally charged by Google Play or Apple Store if they do not receive the money in Brazil (which I suppose is the case).
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