Measure “Buy without VAT” was presented by Massa in the Ministry of Economy and aims to alleviate the burden of this tax on the food basket, to “consolidate a more progressive tax system.”
The advertisement is about a 21% refund program VAT of the total basic basket for the 9 million workers who earn salaries of up to $708,000.
With this bet we seek to return up to 21% of the amount of purchase operationsbut with a limit equivalent to 21% of the value of the Basic Food Basket for 4 members (composed of a 35-year-old man, a 31-year-old woman, a 6-year-old son and an 8-year-old daughter (according to the latest publication, $111,642).
Buy without VAT: how the refund will be made
In order to access the program, the shopping They must be done with a debit card. He refund it will be of automatically, That is, you do not have to register anywhere.
When making the purchase, within 48 hours you will automatically be credited with the return of the program Buy without VATwhich represents the refund of the entire VAT on products in the basic basket.
This seeks to expand the return mechanism of that tax for food purchases, which is currently close to $18,800.
The expansion will continue, as a criterion, which will have a updatable amount which will be equivalent to 21% of the value of the Basic Food Basket (CBA) published every month by INDEC, and which indicates the income that a household needs to avoid falling below the indigence line.
Latest reported value It was $111,642 for a household of two adults and two children, which would be $23,000 per month.
Buy without VAT: what products are included
In the basic basket The following products are included:
- Bread
- milk
- water/candy cookies
- rice
- wheat flour and other flours
- noodles
- potato/sweet potato/vegetables/fruits
- sugar
- sweets
- dried vegetables
- vegetables
- fruit
- meats
- offal
- cold cuts
- eggs
- cheese
- yoghurt
- butter
- oil
- non-alcoholic beverages
- alcoholic beverages
- fine salt
- condiments
- vinegar
- coffee
- Herb
Source: Ambito
