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Google Play now accepting Brazilian Real for app purchases

Google is now accepting Brazilian Real (BRL) for content purchased from the Play Store. New Brazilian Google Play developer accounts will use BRL as their default currency, however they’ll still be able to price applications in other supported funds.

In compliance with Brazilian law, any developer in Brazil that accepts payouts in any currency other than BRL will have a mandatory 25 percent tax withheld for purchases made by domestic customers. In order to accept payments in Brazilian Reais, software developers must have a bank account located in Brazil. If you’re a game or app dev based in Brazil and you have concerns about compliance, head on over to the source link below for additional details.

(via Google Support)

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