The plan to develop the Internet of Things contemplates four areas and there will be tax exemptions for ten years. It defines IoT as a global structure and not as a communications service.

The Brazilian government established a maximum period of three months to announce the Internet of Things (IoT) National Plan. The initiative will be announced through a decree that is currently being prepared by the Ministerio de Ciencia, Tecnología, Innovaciones y Comunicaciones (MCTIC) (Ministry of Science, Technology, Innovation and Communications) and will be submitted to the Civil House in the next few days.

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IoT, priority for Brazilian government

The plan to develop the Internet of Things contemplates four areas and there will be tax exemptions for ten years. It defines IoT as a global structure and not as a communications service.

MORE ANALYSIS

Meta loses almost US$200 billion in market value in 24 hours due to forecasts of lower income and higher expenses

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