Tuesday, August 13, 2019

Brazilian IoT plan underpins business progress in definition as SVA and exclusion of Fistel tax payment

Decree 9,854/19 establishes the National Internet of Things Plan, which also provides for the creation of a sector chamber –the Chamber of Management and Support for the Development of Machine-to-Machine and IoT Communication Systems. MITIC must identify priority environments for IoT solutions, although it highlights that, at least, there will be health, cities, industries and rural areas.

The president of Brazil, Jair Bolsonaro, enacted decree 9.854/19, which establishes the National Internet of Things Plan, with the main definitions and agencies in charge of its implementation. The text contains a substantial definition for the Brazilian telecommunications market: Internet of Things is an infrastructure that integrates the provision of value-added services with the capacity of physical or virtual connection of things with existing ICT-based devices and with their evolutions , with interoperability. 

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