The update in the value of cars is a consequence of the 8.37% adjustment that the AFIP will make, corresponding to the increase in wholesale prices of vehicles in the quarters of April, May and June.
The cars over $40,500,000 of public price will be reached by the first scale of the Tax on “luxury” starting in August.
The data arises from the quarterly adjustment that the AFIP will apply to the taxable base of $26,230,344 that will be in effect until the end of July and will increase to $28,512,373 of wholesale price, that is, before 21% VAT and 15% of the dealership’s commission.
This makes The value to the public of the 0km vehicles reached by Internal Revenue will rise from the current $37,000,000 to around $40,500,000although it is an estimated amount since it will depend on the method of payment of taxes and the possibility of reducing the commission margin by the sellers. This value will be valid, in principle, until the end of October.
The update of the value for cars is a consequence of the 8.37% adjustment that the AFIP will make, corresponding to the increase in wholesale prices of vehicles in the quarter of April, May and June, according to information that had access Ambit.
Due to the way Internal Taxes are calculated, the 20% rate, which corresponds to the first scale, is equivalent to a price increase of around 25%, which means that the affected models are taken off the market. That is why brands tend to keep 0km cars just below that limit to avoid paying the tax surcharge.
If you look at the price lists, there are some models “capped” below $37,000,000. For this reason, it is expected that, from August, these new vehicles will have a greater price adjustment to accommodate the new limit.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
