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In addition to the state-imposed ICMS, purchases from abroad valued at up to $50 are subject to a 20% tax, commonly referred to as the "tax for blouses." This tax has been in effect since August of the previous year. When combined with all applicable taxes, the total cost of an item can reach up to 50% of its original price. For instance, an item priced at R$100 could end up costing R$150 after taxes.
SpaceX Launches Historic Mission
On Monday, excitement was also in the air due to an unprecedented scientific mission. The astronauts involved are now in space following a successful launch. SpaceX executed the Frame Two mission late Monday night, where the Falcon 9 rocket carried Shung Wang, a cryptocurrency billionaire, alongside three other guests.
The crew includes: