What are the 0 km that escape the luxury tax?

What are the 0 km that escape the luxury tax?

After the update of AFIP that governs from this month, the cars 0 km of more than $8,400,000 of price to the public pay the “luxury” tax, as a consequence of the quarterly adjustment of the tax base on which this tax is calculated.

This amount will be valid until the end of August, and new cars above that value will be taxed with the first scale of Internal Taxes, which is equivalent to a rate of 20%.

The AFIP published Resolution 4257 with the new tax base that goes from $4,905,632 to a factory or distributor value of $5,893,963. The norm also determines the values ​​that must be paid by motorcycles, boats and aircraft.

The update of the number for the cars, as anticipated Ambit last April, arises from a 20.14% adjustmentcorresponding to the increase in wholesale prices of vehicles in the quarter of January, February and March.

Cronos.webp

To this taxable value, from the factory or distributor, must be added the payment of 21% VAT plus the commission margin of the commercial network of up to 15%. Due to the different ways of calculating the lien and the possibility of resigning this margin, there is no single price for the public, but the reference value will be around $8,400,000.

Due to the method of calculation of Internal Taxes, a 20% rate is equivalent to a price increase of around 25%, which means that the models that are affected are left out of the market. That is why the brands tend to keep the 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 $9,056,552 to $10,881,162. To the public, the sale value is around $15,500,000.

peugeot 208

Peugeot

In the lists of the different brands, it can be seen that there were several models, with different levels of equipment, at the same price, just under $7,000,000. 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” close to the tax base suffered an increase to the public in accordance with the variation of the wholesale index, that is, more than 20%, although each brand defines the way to implement it.. They can do it at once or distribute the increase in different months. What will cause the tax adjustment is that the models that are not reached have room to go up since today the price scale is compressed.

Cars that do not pay luxury tax

Among the cars that were outside the scope of the luxury tax are:

Volkswagen

  • The 170TSI and Comfortline versions of the Nivus.
  • All versions of the Polo except for the GTS (sports).
  • The 170TSI version of the T-Cross.
  • All versions of the Virtus except its sporty alternative, the GTS.
  • The Polo Track, his new model.

Toyota

  • All versions of the Etios Hatchback and Sedan.
  • All versions of the Yaris Hatchback and Sedan.
  • All versions of the Corolla except the SEG CVT version, which pays 20%.

nissan

  • All versions of the Versa.
  • The Sense and Advance versions of the Kicks.
  • The entry-level version of the Sentra.

Ford

  • The entry-level of the SUV Territory, loads only with the first scale of 20%.
  • The entry-level of the Bronco

Chevrolet

  • All versions of the Cruze 5 with the exception of the Premier (top of the range) which is reached by the first scale.
  • All versions of the Cruze (sedan), also with the exception of its top of the range, which is taxed at 20%.
  • All versions of the Onix.
  • All versions of the Joy.
  • All versions of the Tracker except the Premier, top of the range.

Peugeot

  • All versions of the Peugeot 208 and 2008.

Fiat

  • The Fiat Mobi, Argo, Cronos and Pulse except for the Audace and Impetus versions of the latter.

Citroen

  • All versions of the Citroën C3 and C4 Cactus except the Shine and Shine Two-tone, which are taxed at 20%.

Jeep

  • The entry-level version of the Jeep Renegade.

Renault

  • All versions of the Logan.
  • All versions of the Sandero.
  • All versions of the Stepway.
  • The Duster SUV.

Source: Ambito

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