In exchange for this agreement, the Government has already begun, as of this afternoon, to release SIRAs to be able to import cars. These import permits had not been granted for more than two months and the market was aggravating its shortage.
The signing of this agreement also allows us to unlock the problem that existed with the entry into force of the changes to the “luxury” tax, which should have come into effect last Friday. Among the models that join this program of “Fair Prices” there will be versions of the pickups, like Frontier S 4×2 manual and Ranger, Toyota Yaris XLS, Fiat Cronos Likethe utilities Berlingo and partnersand the Volkswagen Polo Track 1° Edition.
The negotiation that the Government carried out with the automotive companies to agree on a cap on the 0km increase began last week, as announced Ambit last Friday. In return, It was agreed to start releasing permits to import as well as the updating of the tax base on which the “luxury” tax is calculated.
For these two reasons, Since the beginning of September there was no current official price list and the concessionaires were operating with estimated adjustments. Some terminals sent the new lists to their network last Friday, believing that the increase in the “luxury” tax base would take effect, but since the resolution did not appear, they had to back down.
In practice, the only segment that has current prices is the one for the pickups, who do not pay Internal Tax. In this case, the increases of the different brands were between 12% and 15%. In the case of imported or national models that pay or were about to pay this tax, sellers handled increases of around 7%for the cases of brands that in August had made two increases in the month, as a consequence of the post-STEP devaluation, or around 15%, for those that maintained the same values throughout the month.
The concrete thing is that, in the market, it was operated with “estimated” prices. The update of the tax base of the Internal Tax that had to be in force since the beginning of September. This adjustment, based on the sector’s wholesale price index, is applied quarterly and, in this case, it was 24%. In this way, for the price to the public, the models of more than $10,500,000 will begin to pay. Until Thursday they paid for 0km of around $8,400,000.
For this reason, there are numerous models that are “capped” under that price to avoid paying the internal tax. The increase in the tax base is key since it will allow prices to be adjusted and accommodate the value of the 0km that today are distorted so as not to be taxed.
Source: Ambito
