From now on, cars worth more than $14,500 blue pay “luxury” taxes

From now until the end of November, 0km that exceed approximately $10,500,000 in public price will be covered by the first scale of Internal Taxesas anticipated Ambit at the end of last July

This data arises from the quarterly adjustment that the AFIP will apply to the current tax base that will be in effect until the end of August, which is $5,893,963. and that will go to 7,345,883 wholesale price, before 21% VAT and 15% dealer commission. This makes the public value around $10,500,000, although it is an estimated amount since it will depend on the method of paying taxes and the possibility of reducing the commission margin by the sellers. If the current price of the blue dollar is taken, the 0 km of more than US$14,500 “ticket” must pay taxes.

This is the lowest value, measured in dollars, at which cars in the country are reached with this tax. Until now, The public price exceeded US$18,000 “blue”, but the August devaluation caused it to affect a lower public sale price. Until the end of August, the 0 km reached had a public price of approximately $8,400,000

The standard also determines the values ​​that must be paid for motorcycles, boats and aircraft.

The update of the number for cars is a consequence ofl adjustment of 24.63%corresponding to the increase in wholesale prices of vehicles in the April, May and June quarter.

Due to the way of calculating Internal Taxes, the 20% rate that corresponds to the first scale It is equivalent to a price increase of around 25%, which means that the models that are affected are removed from the market. That is why brands tend to keep 0 km that are around that price just below that limit to avoid paying the tax surcharge.

In the case of the second scale, with a rate of 35%, the tax base goes from $10,881,162 to $13,561,631. To the public, the sale value is around $19,300,000. It’s August it was at $15,500,000.

In the lists of the different brands it could be seen until last week that there were several models, with different levels of equipment, at the same price, just below $8,400,000. Taking into account the shortage in the market, these models are no longer sold or are sold at premium prices.

With the update of the new base, the models that are “capped” near the tax base will now have an increase to the public in accordance with the variation of the wholesale index, that is, more than 24%, although each brand will define the way to implement it.