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Nintendo Pulls Out of the Brazilian Market
Back in October, we covered complaints over the price of the PlayStation Four and Xbox One in Brazil. As a result of the country’s high import duties and taxes, the PS4, which is priced at $400 in America, costs the equivalent of $1,800 USD in Brazil while the Xbox One jumped in price from $500 to $1,000.
Sony and Microsoft are continuing in the Brazilian market despite very nearly being priced out of it because of the local taxes. On the other hand, Nintendo has decided that the prices caused by high taxes are too much so they are pulling their products from Brazil.
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Sony Blames Taxes for High Brazilian PS4 Price
There are only two things in life that are guaranteed: Death and taxes. Coincidentally, it’s taxes that may lead to the death of the PlayStation 4’s chances in the Brazilian market. Sony says that the country’s high taxes on imported electronics are the reason for their next-gen console being priced at the Brazilian equivalent of over $1,800 US dollars.
et geekera 