As reported last night by the head of Customs and head of the recently created price negotiation unit, Guillermo Michel, the new Price agreements with companies will govern for 90 days and they will enable increases of up to 5% per month.
Through a decree that bears the signature of the president of Alberto Fernández, the companies that abide by the new price agreements will enjoy different facilities in tax aspects.
Among its main points, the document reduces to 0% the export duty rate for goods included in the tariff items of the Mercosur Common Nomenclature (NCM).
In addition, it will be released from the payment of the COUNTRY tax for the purchase of bills and currency in foreign currency for the importation of merchandise included in the tariff items of the Mercosur Common Nomenclature (NCM).
The suspensions provided by articles 1 and 3 of the general resolution No. 5,339 of the AFIP, which includes the certificate of non-withholding of the income tax “granted by the collecting agency, valid for the purposes of not collecting said tax on the final importation of goods” and the VAT exemption certificate on the definitive importation of goods.
Lastly, it includes an extension of due dates for the payment of taxes and social security obligations.
The decree also indicates that those who do not comply with the commitment assumed in the framework of the price agreements, they will lose the benefits, without prejudice to the application of the sanctions that are provided for in the regulations.
From the Government they pointed out that it is a “carrot” to use as a way of seduction so that businessmen join the new agreements with which the Palace of Finance seeks to contain prices.
NEWS IN DEVELOPMENT
tax benefits price agreements.pdf
Source: Ambito