en.Wedoany.com Reported - In the process of processing metals and alloys into semi-finished and finished products in Brazil's copper industry chain, the tax burden may account for about 24.5% of the product value.

The high tax burden mainly stems from the cumulative effect of multiple taxes in the processing stage, putting pressure on the price competitiveness of Brazilian copper products in the international market and affecting the cost control of downstream processing enterprises. The industry is currently discussing structural adjustments to the tax system to reduce the overall tax burden and enhance the sustainable development capacity of the industry chain.

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