The benefit will reach 9 million workers who earn salaries of up to $708,000 and will be enabled automatically in all shops, supermarkets, mini-markets, greengrocers, butchers and fruit shops.
The Minister of Economy, Sergio Massaannounced that the creation of the Buy Program without VAT which will involve the VAT refund of 21% of the total Basic Basket for 9 million workers who earn salaries of up to $708,000.
The content you want to access is exclusive to subscribers.
In a message from the Treasury Palace, Massa He indicated that “the return to the 7 million retirees and pensioners of the Social Security System of the Argentine Republic and also hwe have incorporated the benefit to the 2.3 million monotributistas regardless of the category.”


How will the return be?
- Each worker, each retiree will have throughout the month, or on a single day, or in the different purchases they make, a refund within 48 hours of making the purchase with the debit card for up to 18,800 pesos throughout the month.
- There will be no need to do any paperwork, the benefit is automaticall shops, supermarkets and mini-markets, greengrocers, butchers, fruit shops, as well as personal hygiene products and household baskets, are automatically enabled.
- When making the purchase with the Debitafter 48 hours they will be automatically credited with the refund from the Buy without VAT program, which represents the refund of the entire VAT on the products in the basic basket.
- It will be for any business that sells products from the Basic Basket.
- It will be cumulative with other banking benefits.
The Minister of Economy pointed out that “it is the most progressive measure that we can take in tax matters and, in addition, we make a fiscal effort on the basis of renouncing other State expenses and using extraordinary resources resulting from the incorporation of the Country Tax, in the collection of the State”.
“In this way,” Massa added, “we seek to ensure that this blow, that injury that the impact of inflation due to the devaluation imposed by the IMF represents in the pocket of each Argentine family, has the State taking the initiative to return the effort that we know that “Everyone has to do something to make ends meet.”
“In some way the objective is that the basic basket is covered and compensated with this benefit,” concluded the candidate for President for UxP.
Source: Ambito