Tax break in Brazil having an early impact on M2M connections

Author: Marc Schryer
Published: 2015-04-27

A new tax policy, introduced in Brazil last September, with the aim of giving selected Machine-to-Machine (M2M) applications a tax break, has already had a noticeable impact according to data from telecoms regulator Anatel. The 80% tax break reduces the initial activation fee from $15.07 to $3.05. The reduction also applies to the ongoing annual operation federal tax. The high …