The National Government announced tonight a series of fiscal measures that will be implemented to improve income and alleviate the effects of the drought.
Through the Ministry of Economy, the National Government announced tonight a series of fiscal measures that will be implemented to improve income and alleviate the effects of the drought.
According to official sources, the COUNTRY tax to the purchase of foreign currency for the import of a series of goods and services and a parity of 340 pesos will be extended, for exports of regional economies and corn, until the end of August.
The measures come hours after both the Economy and the IMF announce an understanding to advance in the review of the Argentine program and obtain the disbursements scheduled for the second half of the year.
One by one, the measures announced by the Government
Exchange Simplification
- Match exchange rate solidarity dollar and dollar card, keeping qatar dollar for consumptions higher than u$s300 per month.
- Solidarity Dollar and dollar card (card up to US$300 per month): they will remain unified at 30% of COUNTRY tax + 45% Perception Earnings.
- As reported by Economía, the measure will affect 900,000 people, who buy US$150 a month. The implementation will be carried out through a General Resolution of AFIP.
COUNTRY Tax Services
- The Country tax at 25% for all services, except: (i) Freight, which will be applied the rate of 7.5%; (ii) Health and Education, exempt by article 36 of Law 27,541, and; (iii) Recitals, which already pays 30%.
- The tax is collected by the banks when importers access the MLC. Does not apply if paid with own dollars.
- The implementation will be carried out by decree by delegated faculties and general resolution AFIP.
Tax COUNTRY Goods
- The country tax at 7.5% for all goodsexcept: (i) Medicines and material to fight fire, exempt by article 36 of Law 27,541, (ii) Sumptuaries, which already pay 30%, (iii) Fuels, lubricants, goods related to the generation of energy, as well as inputs and intermediate goods linked to the basic food basket, will continue without paying the Country Tax.
- The tax is collected by the banks when importers access the MLC. Does not apply if paid with own dollars.
- The perception is applied to all imports, including income to Free Zone and Customs Area Special of Land of Fire.
- Temporary Imports: we do not affect imports that generate exports (Agro Industry and Automotive).
- The temporary imports of Decree 1330/2004 and Decree 688/2002 (RAF scheme) of automobiles are outside the scope of the PAIS Tax to the extent that the “payment” of the import is made after the “collection” of the related export and/or pre-financing or advance with own funds.
- A positive pattern would be created with the companies that request this benefit.
- The implementation will be carried out by decree by delegated powers and general resolution of AFIP.
Dollar Economy Regional
- The scheme of regional economies is expanded.
- Exports that are settled until August 31, 2023 will have a dollar of $340.
- Projected settlement currencies: USD 2,000 M, including corn.
- The implementation will be carried out by decree and Resolution of the Ministry of Agriculture, Livestock and Fisheries.
Source: Ambito
